Senate Banking Committee Advances Carson Nomination

The Senate Banking Committee today unanimously approved Ben Carson’s nomination as secretary of housing and urban development. Carson must now be confirmed by a majority vote in the Senate.

ABA welcomed the news. “We congratulate HUD Secretary-Designate Carson on the Senate Banking Committee’s vote to confirm him,” said ABA President and CEO Rob Nichols. “Dr. Carson will bring a fresh perspective to the department, and we look forward to working with him to create a vibrant housing market that helps our nation’s communities and economy thrive.”

Nichols added that “[i]mproving FHA will be an important priority, and we hope to work with Dr. Carson to bring greater stability and long term viability to its programs, as well as a return to a more balanced business relationship between FHA and its lenders.”