Tag Archives: Senate Banking Committee

With interest rates rising, the Senate is set to look deeper into the Fed's regulation this week. Here's what else is happening in the Week Ahead.

At a hearing to consider his nomination as President of Ginnie Mae, Michael Bright, told the Senate Banking Committee that he would continue to work on modernizing the agency and ensuring the security of the loans it oversees to ensure better security price and lower rates for borrowers.

Saying that the “status quo is not a viable option” on the current conservatorship of the GSEs Sen. Mike Crapo and the Senate Banking Committee heard the testimony of Melvin Watt, Director, FHFA on the status of the housing finance system. Here’s what he had to say.

Reacting to the CFPB Acting Director’s recent ‘Pay to Play’ comments at an industry event, the Ohio Senator and top Banking Committee Democrat called for Mulvaney to step down.

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 ...

Republicans scored a major win with the tax reform bill last week, and now another major piece of legislation has been advanced to the full Senate for debate.

With the Senate Banking Committee's approval, Powell's nomination now heads to the full Senate for a vote, which is expected to meet little resistance.

The Fed Chair nominee faced questions from both sides of the aisle, during which he called for smarter regulation, described cybersecurity as one of the primary threats to the financial system, and described housing reform as “unfinished business.”

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.

Jerome Powell's nomination as Fed Chair will be the subject of a full open session committee hearing this week for the U.S. Senate Banking Committee. During a closed-door meeting the committee will also consider Brian Montgomery's nomination as Assistant Secretary of HUD and Commissioner of the FHA. Here's what else is happening in The Week Ahead.