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Senate Banking Committee hears introductions of Trump administration nominees for HUD, Treasury and the Fed
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Summary
A committee hearing opened to introduce and praise a slate of administration nominees — including Ben Hopps for HUD public and Indian housing; Ronnie Kurtz for HUD community planning; Stephen Myron for the Federal Reserve; Christopher Pilkington for Treasury investment security; and Jonathan Burke for terrorist financing — with speakers highlighting their experience and the local economic stakes.
Speaker 1 opened a hearing of the Senate Committee on Banking, Housing, and Urban Affairs to introduce a slate of presidential nominees for senior housing, Treasury and Federal Reserve posts. The speaker framed the nominees’ roles as central to housing affordability, protecting the financial system from bad actors and maintaining confidence in the Federal Reserve.
The speaker listed the nominees and their intended positions. Ben Hopps was introduced as the nominee for HUD assistant secretary for public and Indian housing; Speaker 1 said Hopps had worked on opportunity zones and on the speaker’s staff and called him "an excellent, excellent person committed to the success and the prosperity of everyday Americans." Ronnie Kurtz was introduced as the nominee for HUD assistant secretary for community planning and development, with the speaker noting Kurtz’s practical experience in Georgia on code enforcement, zoning, building inspections and public hearings.
Dr. Stephen Myron was presented as a nominee for governor of the Federal Reserve Board; Speaker 1 said Myron, who served as chair of the Council of Economic Advisors, had helped guide administration policies that boosted domestic production, reduced trade deficits and increased Treasury revenues. Christopher Pilkington was named as the nominee for Treasury assistant secretary for investment security to lead CFIUS and outbound investment screening, described as a role to guard U.S. investment and national security. Jonathan Burke was introduced as the nominee for Treasury assistant secretary for terrorist financing, and the speaker praised Burke’s government and private-sector record implementing anti–financial-crimes controls.
The speaker emphasized oversight responsibilities, saying the Senate Banking Committee must ensure nominees are "capable, accountable, and focused on advancing opportunity for all Americans." The remarks included a local framing: the speaker said that "more than 450,000 small businesses operating in South Carolina alone" make federal appointments consequential for state economic health. The speaker also referenced the "Road to Housing Act" as a future statutory framework the nominees would help carry out "when it becomes law."
The provided excerpt contains introductions and praise but does not record formal motions, votes, or committee questions. No votes or formal actions are shown in the available transcript segment.
The committee’s consideration of these nominations was under way in the excerpt; the transcript does not show subsequent questions, votes or committee determinations.
