Skip to main content

Mnuchin and Sessions Nomination Votes Delayed

Jan 31, 2017

President Donald Trump’s choice of former bank executive Steven Mnuchin to become the next Secretary of the Treasury was put on hold as the Democratic members of the U.S. Senate Finance Committee boycotted today’s scheduled vote on his nomination.
 
According to a Washington Post report, none of the committee’s Democratic members turned up for today’s meeting. As a result, the nomination vote will need to be scheduled for another day. The committee was also scheduled to vote on the nomination of Rep. Tom Price (R-GA) to become the next Secretary of Health and Human Services, and the absence of Democratic senators also forced that process to be rescheduled.
 
Sen. Orrin Hatch (R-UT), the committee chairman, considered the boycott to be the result of partisan rancor. “Some of this is just because they don’t like the president,” Hatch said, later adding that Democrats “ought to stop posturing and acting like idiots.”
 
Separately, CNN has reported that the Senate Judiciary Committee delayed voting on the nomination of Sen. Jeff Sessions (R-AR) to become the next Attorney General. But in this case, the full committee met and the Democrats participating in the meeting used a procedural vote to postpone the vote until tomorrow.
About the author
Published
Jan 31, 2017
In Wake Of NAR Settlement, Dual Licensing Carries RESPA, Steering Risks

With the NAR settlement pending approval, lenders hot to hire buyers' agents ought to closely consider all the risks.

A California CRA Law Undercuts Itself

Who pays when compliance costs increase? Borrowers.

CFPB Weighs Title Insurance Changes

The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.

Fannie Mae Weeds Out "Prohibited or Subjective" Appraisal Language

The overall occurrence rate for these violations has gone down, Fannie Mae reports.

Arizona Bans NTRAPS, Following Other States

ALTA on a war path to ban the "predatory practice of filing unfair real estate fee agreements in property records."

Kentucky Legislature Passes Bill Banning NTRAPS

The new law prohibits the recording of NTRAPS in property records, creates penalties if NTRAPS are recorded, and provides for the removal of NTRAPS currently in place.