The NCUA’s boardroom has been rocked. Two board members fired. DOGE staff roaming the halls. Rumors of a regulatory consolidation swirl. In this must-hear episode, Mark Treichel is joined by former NCUA Board Member Geoff Bacino and former NCUA Congressional Affairs Director John McKechnie to unpack one of the most chaotic weeks in recent credit union regulatory history.
From unprecedented dismissals to the looming question of NCUA’s independence, we cover:
🔥 The removal of Todd Harper and Tanya Otsuka: What happened, what’s legal, and what’s next
🛡️ What the DOGE (Department of Government Efficiency) visit to NCUA signals
🧨 Are we headed for a consolidation of financial regulators?
🏛️ The forgotten Supreme Court case that may decide the future of independent agencies
📉 Why up to 20% of NCUA staff may exit — and what that means for credit union supervision
🧠 Institutional memory, directed reassignments, and the “brain drain” risk
💡 Predictions on new board nominations, and what credit unions should watch for next
Whether you’re a credit union executive, examiner, or policy junkie, this is your front-row seat to the unfolding transformation at 1775 Duke Street.
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