John Mark McWatters is a lawyer, accountant and former board member of the National Credit Union Administration (NCUA).

He served as a judicial clerk for Judge Walter Ely of the United States Ninth Circuit Court of Appeals from 1982 to 1983.

[3] McWatters was counsel to Representative Jeb Hensarling (R-Texas) on Troubled Asset Relief Program Congressional Oversight Panel.

Given the overall success of the Corporate System Resolution Program, the NCUA's legal recoveries, and improvements in the value of the legacy assets, McWatters proposed in 2016 the agency close the Stabilization Fund four years ahead of its scheduled expiration in 2021.

[15] During McWatters’ tenure as chairman, the NCUA Board approved rules providing greater transparency and accountability to credit union members during voluntary mergers, providing better due process for credit unions appealing supervisory decisions, and improving the appeals process for agency program decisions.

[19][20] On May 14, 2018, the inspector general of the NCUA published an investigative report in response to whistleblower allegations of extravagant travel and entertainment expenses claimed by McWatters.

[18] According to The Washington Post, "From the beginning of his tenure, McWatters spent money in the style of a corporate executive, including the use of hired limousines and the purchase of nearly $22,000 worth of furniture for a headquarters office he rarely used.