Senate Banking Committee Holds Hearing to Consider Nominations for Various Agencies (with Delta Strategy Group Summary)

The U.S. Senate Banking Committee held a hearing to consider nominations to the Board of Governors of the Federal Reserve System ("FRB"), U.S. Department of Housing and Urban Development ("HUD"), and National Credit Union Administration Board ("NCUA"). The following persons were nominated:

• Dr. Stanley Fischer to be a Member and Vice Chairman of the Board of Governors of the FRB (view testimony);
• The Honorable Jerome H. Powell to be a Member of the Board of Governors of the FRB (view testimony);
• The Honorable Lael Brainard to be a Member of the Board of Governors of the FRB (view testimony);
• Mr. Gustavo Velasquez Aguilar to be an Assistant Secretary of HUD (view testimony); and
• Mr. J. Mark McWatters to be a Member of NCUA (view testimony).

Click here to view a summary of the hearing prepared by Delta Strategy Group.
See also: Archived Video of Hearing.