The U.S. Senate Committee on Banking, Housing and Urban Affairs advanced several of President Trump’s nominees for senior roles at the Department of Housing and Urban Development, the Department of the Treasury and the Federal Deposit Insurance Corporation (FDIC), sending the nominations to the full Senate. The nominees include Joseph Gormley to be President of the Government National Mortgage Association (Ginnie Mae), Francis Cassidy to be Assistant Secretary at HUD, Paul Hollis to be Director of the U.S. Mint, and Travis Hill to be Chairperson of the FDIC Board of Directors. In opening remarks, Chairman Tim Scott linked the appointments to housing finance, financial stability and currency integrity. He described Hill’s prospective responsibilities as including management of the Deposit Insurance Fund and leading supervisory reforms, and said Hollis would oversee production and integrity of U.S. currency; Scott also highlighted Gormley and Cassidy as nominees positioned to support accessible and sustainable housing finance. The nominations now proceed to the Senate floor for further consideration.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2025-11-19
U.S. Senate Committee on Banking, Housing and Urban Affairs advances Trump nominees for HUD, Treasury and FDIC leadership roles
The U.S. Senate Committee on Banking, Housing and Urban Affairs advanced President Trump's nominees for senior roles at the Department of Housing and Urban Development, the Department of the Treasury, and the Federal Deposit Insurance Corporation, including Joseph Gormley for Ginnie Mae, Francis Cassidy for HUD, Paul Hollis for the U.S. Mint, and Travis Hill for the FDIC Board. Chairman Tim Scott emphasized their roles in housing finance, financial stability, and currency integrity, with nominations now moving to the Senate floor.