Appeals Court Allows Trump to Fire Credit Union Regulators for Now

On July 22, a lower court had ordered the fired National Credit Union Administration board members reinstated.

Todd Harper, then-chairman of the National Credit Union Administration, testifies before the House Financial Services Committee in Washington on Nov. 15, 2023. Madalina Vasiliu/The Epoch Times

A federal appeals court late on July 25 temporarily paused a lower court ruling preventing President Donald Trump from firing two of the three members of a financial regulator’s board.

The National Credit Union Administration (NCUA) insures deposits at federally insured credit unions.