Two Potential Trump HUD Secretaries Are Touted – NMP Skip to main content

Two Potential Trump HUD Secretaries Are Touted

Phil Hall
Nov 14, 2016
While President-Elect Donald Trump has yet to offer clues on which people will fill his new cabinet, two potential candidates are emerging to become the next Secretary of the U.S. Department of Housing & Urban Development (HUD)

While President-Elect Donald Trump has yet to offer clues on which people will fill his new cabinet, two potential candidates are emerging to become the next Secretary of the U.S. Department of Housing & Urban Development (HUD).

According to a Politico report, Pamela Patenaude is being considered for the HUD spot. Patenaude served as an assistant secretary for community, planning and development at HUD during George W. Bush’s presidency, later becoming Director of Housing Policy at the Bipartisan Policy Center. She is currently president of the J. Ronald Terwilliger Foundation for Housing America's Families and has not publicly commented on this report.

However, the Daily Caller is playing up the candidacy of Rob Astorino, county executive for New York’s Westchester County, for the HUD post. Astorino is a longtime friend of Trump, and he gained national prominence for his legal fight against HUD and the Justice Department over a federal court settlement challenging the racial diversity in Westchester’s affordable housing locations. Astorino, who was a broadcasting executive prior to entering politics, was the Republican candidate in the 2014 New York governor’s race, but lost the race to the incumbent, former HUD Secretary Andrew Cuomo.

“I can only say that I can’t confirm or deny the rumor—and that the County Executive loves his current job,” said Astorino’s spokesman William O’Reilly in a press statement. “He’s been friendly with Mr. Trump for many years, so any private discussions between them need to remain private.”

Published
Nov 14, 2016
CFPB Seeks Insight On Creating A Fairer Mortgage Market

The Consumer Financial Protection Bureau has been actively looking to create a fairer mortgage market, free of discriminatory engagements. To do so, it issued a Request for Information to seek input on rules implementing the Home Mortgage Disclosure Act.

Regulation and Compliance
Nov 17, 2021
Regulators Renew Effort to Protect Against Foreclosures

CFPB, The Fed, FDIC and other agencies will watch for compliance with COVID-19 protections

Regulation and Compliance
Nov 10, 2021
Fed To Begin Tapering Asset Purchases by 14.3% This Month

Also sets target range for the federal funds rate at 0 to 1/4%.

Regulation and Compliance
Nov 03, 2021
CFPB Cracks Down On Discriminatory Credit Reporting For Black And Hispanic Consumers

Consumers in majority Black and Hispanic neighborhoods are far more likely to have disputes appear on their credit reports. 

Regulation and Compliance
Nov 03, 2021
CFPB Names 2 New Assistant Directors

Former Obama Administration officials will lead Supervision Policy, Enforcement divisions.

Regulation and Compliance
Oct 29, 2021
FHFA Proposes Extra Disclosure Rules For Fannie, Freddie

The proposed rule for the Enterprise Regulatory Capital Framework seeks to put Enterprises on a "level playing field" with U.S. banking requirements.

Regulation and Compliance
Oct 28, 2021