Tag Archives: Senate Banking Committee

Sen. Sherrod Brown, one of the Banking Committee’s top Democrats called for the CFPB Acting Director Mick Mulvaney’s resignation after hearing about comments Mulvaney delivered at a recent industry event.

The Senate Committee on Banking, Housing, and Urban Affairs today met to revisit the nominations of Jerome Powell as Chairman of the Board of Governors of the Federal Reserve System and Brian Montgomery as Assistant Secretary for Housing – Federal Housing Commissioner, ...

The bipartisan Economic Growth, Regulatory Relief, and Consumer Protection Act is now headed to the full Senate for debate, including provisions that would modify significant elements of the Dodd-Frank act.

During a morning session of the Senate Banking Committee, Fed Chair nominee Jerome Powell put a focus not on deregulation, but rather on examining existing rules to ensure they still make sense 10 years after the financial crisis.

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.

Both nominations are expected to pass the hearings, after which they will still need to be voted on by the full Senate.

The U.S. Senate Banking Committee will meet this week to discuss the nomination of Jerome Powell as Fed Chair and Brian Montgomery as Assistant Secretary of HUD and Commissioner of the FHA. Here's what else is happening in The Week Ahead.

Next Thursday, September 7, the Senate Banking Committee on Banking, Housing, and Urban Affairs will convene to hold an executive session to vote on the nominations of Joseph Otting to be Comptroller of the Currency, and the Honorable Randal Quarles to be member of the Board of Governors of the Federal Reserve and Vice Chairman for the supervision of the board of governors.

The Senate Banking Committee on Tuesday recommended the nomination of Dr. Ben Carson as the 17th HUD Secretary be sent to the U.S. Senate floor for a full vote.

Lawmakers on both sides of the aisle are pleading their respective cases as to why they believe CFPB Director Richard Cordray should stay or go as speculation persists that he will be replaced once President-elect Donald Trump takes office.