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Read. Follow. Verify.Senate Hearing on Federal Agency Nominations (June 2019)
Record date · January 1, 2019
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What This Bill Does
This document is a transcript of a Senate Banking Committee hearing held on June 5, 2019, to review the qualifications of six individuals nominated for key positions in federal financial and commerce agencies. The committee heard testimony and reviewed written responses from nominees for roles at the Treasury, Commerce Department, Federal Reserve, Export-Import Bank, and the SEC.
The confirmation of these nominees determines the leadership and policy direction of major federal agencies responsible for regulating the U.S. economy, international trade, and financial markets.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Nominees
The individuals are undergoing the confirmation process required to assume their respective federal offices.
Federal Agencies
These agencies will receive new leadership in key policy and regulatory roles upon confirmation.
Key Facts
- The Senate Committee on Banking, Housing, and Urban Affairs held a hearing on June 5, 2019, to consider six executive branch nominations.
- Thomas Peter Feddo was nominated for Assistant Secretary, Treasury for Investment Security.
- Nazak Nikakhtar was nominated for Under Secretary, Commerce for Industry and Security.
- Ian Paul Steff was nominated for Assistant Secretary of Commerce and Director General, United States and Foreign Commercial Service.
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- Michelle Bowman was nominated for a seat on the Board of Governors of the Federal Reserve System.
- Paul Shmotolokha was nominated for First Vice President of the Export-Import Bank of the United States.
- Allison Herren Lee was nominated for a seat on the Securities and Exchange Commission (SEC).
- The document includes biographical sketches and written responses to follow-up questions from various Senators for each nominee.
Frequently Asked Questions
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News Coverage
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Votes, people, money & the original sourceFull breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Broad Agency Leadership Turnover
The hearing covers a wide range of economic and regulatory agencies simultaneously, indicating a significant effort to fill multiple vacancies across the federal financial sector at once.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance60How much this matters to a regular citizen
- Controversy20Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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