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Otsuka Nominated by President Biden to NCUA Board

Tanya Otsuka was nominated Thursday by President Joe Biden to the NCUA Board seat currently held by board member Rodney Hood whose term expired in August.

Tanya Otsuka

According to a statement released by the White House, Otsuka is currently Senior Counsel for the majority staff of the U.S. Senate Banking, Housing, and Urban Affairs Committee under Chairman Sherrod Brown (D-OH), where she has handled the Committee’s work on banking and credit union issues since March 2020. In 2019, she also served on the Committee staff through the Government Affairs Institute at Georgetown University’s Capitol Hill Fellowship Program, on detail from the Federal Deposit Insurance Corporation (FDIC). Otsuka also served as a staff attorney and Counsel at FDIC where she began as a law clerk in 2010.

NCUA Board Chair Todd Harper released the following statement following the White House announcement:

“Tanya Otsuka is a committed public servant and a well-qualified nominee to serve on the NCUA Board. Tanya’s past work has strengthened the U.S. financial system, protected consumers, and advanced the ability of credit unions to innovate and compete. Tanya would also bring a different point of view to the work of the agency as the first Asian-American NCUA Board Member. If confirmed, I look forward to working with Tanya to protect the deposits of America’s nearly 138 million credit union members and to expand access to safe, fair, and affordable financial services to under-resourced communities. I hope the Senate acts quickly on her nomination.”

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