Travis Hill didn’t satisfy the top Democrat on the Senate Banking Committee that he’s addressing cultural problems at the Federal Deposit Insurance Corporation, but the panel approved his nomination to chair the agency along party lines on Wednesday.
The panel voted, 13-11, to recommend Hill for the job on a permanent basis. He’s been acting chairman since January.
The committee also approved, mostly along party lines, three other nominees: Joseph Gormley to be president of the Government National Mortgage Association within the Department of Housing and Urban Development; Francis Cassidy to be assistant secretary for housing and Federal Housing Administration commissioner at HUD; and Paul Hollis to be director of the U.S. Mint.
