Removed NCUA Board Members Files Lawsuit Against Trump

On April 28, 2025, the ABA Banking Journal reported that Todd Harper and Tanya Otsuka filed a lawsuit in federal court challenging their terminations from the NCUA. Harper and Otsuka were fired by Trump from the NCUA Board despite both having several years left in their board terms.

Their preliminary statement states that the case “challenges the patently unlawful removal of two Senate-confirmed Members of the Board of an independent agency tasked with core functions instrumental to well-functioning financial markets: the National Credit Union Administration (NCUA).” They added that the termination disregards the protections Congress established to preserve the Board’s independence and threatens the integrity of a vital federal financial regulator.

Harper and Otsuka argued that President Trump violated Congress’s mandate and has left the board without a quorum. They are seeking “declaratory and injunctive relief to restore the board’s lawful composition and preserve the independence Congress mandated.”

Read the ABA Banking Journal’s article here.

A copy of the lawsuit can be found here.

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