The subcommittee has primary jurisdiction over issues related to affordable and accessible housing, mortgage servicing, transit, and urban development.
The Senate Banking Committee backed former NFL player Eric Scott Turner to become Housing and Urban Development secretary.
If confirmed, the NFL veteran and former developer would run a department with a $70 billion budget and roughly 8,000 employees
There were sports analogies galore but few policy specifics during Scott Turner's confirmation hearing on Thursday to become housing secretary.
Scott Turner, President Trump's pick to head the U.S. Department of Housing and Urban Development, faced opposition from Democrats on the Senate Banking Committee, but his nomination was nonetheless approved by a vote of 13-11.
Committees will hear from nominees hoping to lead the Treasury, Interior Housing and Urban Development departments and the Environmental Protection Agency.
Senate hearings are scheduled this coming week for several of Trump’s picks for the Cabinet. Many have met with senators individually. Now, they will go before the committees overseeing the agencies that Trump wants them to run. Here’s a look at the schedule for Senate hearings set so far, in Eastern time:
Republicans were already getting serious about “debanking.” Now it’s an official priority of the Trump White House.
One of Trump’s picks is currently an evangelical pastor: Southern Baptist Scott Turner, an associate pastor at Prestonwood Baptist Church in Plano, Texas, was tapped to be Trump’s secretary of Housing and Urban Development (HUD).
Accelerated depreciation "could be a very cheap way of increasing the housing supply," said Richard Green, a USC professor.