Bloomberg News

Senate Banking Committee Approves Hoenig as FDIC Vice Chairman

December 15, 2011

Dec. 13 (Bloomberg) -- The Senate Banking Committee unanimously approved the nomination of Thomas Hoenig, the former president of the Federal Reserve Bank of Kansas City, to be the vice-chairman of the Federal Deposit Insurance Corp.

The panel today also signed off unanimously on the nomination of Maurice Jones as deputy secretary of the Department of Housing and Urban Development and voted 13-9 to approve Carol Galante to be an assistant secretary at HUD. The nominations go to the full Senate for a vote.

To contact the reporter on this story: Carter Dougherty in Washington at cdougherty6@bloomberg.net

To contact the editor responsible for this story: Lawrence Roberts at lroberts13@bloomberg.net


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