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NCUA Chair Takes Leave of Absence

NCUA Chairman Todd M. Harper announced Monday that he is temporarily stepping away from his daily duties to undergo and recover from back surgery. In a statement, he said that he expects to return to his full duties in July. The board meeting scheduled for this week was postponed until Thursday, May 22. It is not clear if Harper will participate.

Todd Harper NCUA Chairman

In a message to NCUA employees, Harper said, “In the weeks ahead, I know that you — the NCUA team — will not miss a beat! You will continue executing the agency’s mission to protect credit union members and their deposits, safeguard the Share Insurance Fund from losses, and ensure credit unions fulfill their responsibilities for safety and soundness, consumer financial protection, and other laws.”

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