Senate Panel Clears 2 Biden Treasury Picks, Ties On Others

By Jon Hill (October 5, 2021, 5:33 PM EDT) -- The Senate Banking Committee on Tuesday endorsed President Joe Biden's nominees for high-level posts at the U.S. Treasury Department and Department of Commerce but deadlocked on others, including the Consumer Financial Protection Bureau chief who's up for a senior U.S. Department of Housing and Urban Development job.

Senators voted 17-7 to advance the nomination of the committee's former Democratic chief counsel Graham Steele to serve as the Treasury's assistant secretary for financial institutions. The position would give him a prominent role in shaping the Biden administration's policies on cryptocurrency, climate-related financial risk and big-bank oversight.

Also receiving the committee's approval were...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!