General World News

Senate confirms top leaders for HUD, Ginnie Mae and FDIC

On Thursday evening, the Senate confirmed Frank Cassidy as the next Federal Housing Administration (FHA) commissioner and the assistant secretary for housing, Joe Gormley as Ginnie Mae‘s new president, and Travis Hill as chairman of the Federal Deposit Insurance Corp. (FDIC).

The confirmations follow the Senate Committee on Banking, Housing and Urban Affairs advancing the nominations last month to a full Senate vote. Confirmation hearings for the candidates were held in late October.

In a separate announcement, the Department of Housing and Urban Development (HUD) said several additional nominees were confirmed: Benjamin Hobbs as assistant secretary for Public details ⇒

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