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By an 80-19 vote, Jerome Powell has been confirmed as Chairman of the Federal Reserve Board by the U.S. Senate.
Read More »Fed Chair Powell Confirmed by Senate for Second Term
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A Congressional Call to Strengthen Foreclosure Protections
Rep. Maxine Waters reaches out to federal agencies to increase mortgage servicing protections.
Read More »Senate Banking Committee Votes Yes on Brian Montgomery Nomination
Today during a nomination hearing held by the U.S. Senate Banking Committee Brian Montgomery was approved as Assistant Secretary for Housing—Federal Housing Commissioner, U.S. Department of Housing and Urban Development. His nomination will now move to a full Senate vote.
Read More »Senate Banking Committee Mulls Powell and Montgomery Noms
Both nominations are expected to pass the hearings, after which they will still need to be voted on by the full Senate.
Read More »President Nominates Former Bank Of Hawaii CEO for Fed Governor Position
President Barack Obama has announced his intention to nominate former Bank of Hawaii CEO Allan Landon to fill one of two available governor positions for the Federal Reserve System on its seven-seat board of governors, according to an announcement from the White House.
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