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Thursday, July 18, 2013

Banking Panel Approves Nominations

The Senate Banking Committee approved the nomination of Rep. Mel Watt (D-NC) to be Federal Housing Finance Agency (FHFA) Director, by a 12-10 party-line vote.

The Committee also approved a block of other nominees by voice vote: Jason Furman to be Council of Economic Advisers Chairman, Kara Stein and Michael Piwowar to be SEC commissioners, Richard Metsger to be a National Credit Union Administration Board Member, and Mary Jo White to continue as SEC chairwomen.

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