Senate confirms Bill Pulte as FHFA director
Briefly

William Pulte's nomination as the next FHFA Director was notably supported by bipartisan votes in the Senate Banking Committee, signaling a collaborative effort in the housing finance sector. His confirmation vote of 15-9 indicated the support from Democrats like Sens. Ruben Gallego and Angela Alsobrooks, which was not extended to other recent nominees. Following his confirmation, organizations like the Mortgage Bankers Association commended Pulte, emphasizing a cooperative vision toward improving affordable housing and ensuring a robust mortgage market. Pulte highlighted the need for a careful exit strategy for government-sponsored enterprises from conservatorship during his hearing.
The committee's other recent nominees, including Jonathan McKernan to lead the Consumer Financial Protection Bureau, did not receive the same consideration from Democrats.
Pulte's confirmation was marked by bipartisan support, with two committee Democrats crossing the aisle to vote in favor of his nomination, achieving a 15-9 vote.
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