Skip to main content

Senate Works on Nominations

The Senate's summer schedule has been filled with hearings and floor debate on several nominations for federal agencies. To keep track of it all, here's a quick rundown.

Consumer Financial Protection Bureau: Kathleen Kraninger to become Director. Status: Senate Banking Committee held a hearing this week. Next step: a vote by the committee. You can read her opening statement here, along with statements by Committee Chairman Mike Crapo (R-ID) here and Ranking Member Sherrod Brown (D-OH) here

Federal Deposit Insurance Corporation: Jelena McWilliams to become Chair. Status: the Senate confirmed McWilliams in late May. 

Federal Housing Administration: Brian Montgomery to become FHA Commissioner and Assistant Secretary for Housing at the Department of Housing and Urban Development. Status: the Senate confirmed Montgomery in late May. 

Federal Reserve Board: Kansas Banking Commissioner Miki Bowman, Richard Clarida and Marvin Goodfriend to become Governors. Status: the Senate Banking Committee has approved these nominations. Next step: They await votes by the full Senate.

Ginnie Mae: Michael Bright to become President. Status: Senate Banking Committee to hold hearing next week. 

Office of Financial Research: Dino Falaschetti to become Director. Status: Senate Banking Committee to hold hearing next week. 

Securities and Exchange Commission: Elad Roisman to become a Member. Status: Senate Banking Committee to hold hearing next week. 

We'll keep your updated as the Senate takes further action. 

Recent Blog Posts

Blog post
An early look at the 2019 CSBS Community Bank Survey reveals a shift in bankers' outlook on credit conditions.
Aug 20, 2019
Blog post
A recent study shows that state-mandated personal finance education requirements cause high school students to make better decisions about how to pay for college.
Aug 13, 2019
Blog post
The CSBS Analytics team explores domestic population migration trends and the potential impact on bank profitability.
Aug 7, 2019
Blog post
CSBS supports a recent Federal Trade Commission’s (FTC) proposal that would increase consumer protections for nonbank customers and recognizes the role of state regulation, as noted in a
Jul 31, 2019
exit