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Trump Names Acting Leadership at Treasury, FDIC, Other Agencies
Trump Names Acting Leadership at Treasury, FDIC, Other Agencies
Posted:
Jan 22 2025
Immediately upon assuming office Monday, President Trump designated several chairs and acting heads of agencies and departments. Among agencies relevant to financial services, Trump designated the following:
David Lebryk, fiscal assistant secretary of the treasury and the highest career official at the Treasury Department, as acting secretary pending the confirmation of nominee Scott Bessent.
FDIC Vice Chairman Travis Hill as acting FDIC chairman following the resignation of Martin Gruenberg.
Securities and Exchange Commission member Mark Uyeda as acting chairman pending the confirmation of nominee Paul S. Atkins.
National Credit Union Administration board member Kyle Hauptman as NCUA chairman.
Everett Woodel, district director for central and southern Ohio at the Small Business Administration, as acting SBA administrator pending the confirmation of nominee Kelly Loeffler.
Federal Communications Commission member Brendan Carr as FCC chairman.
Federal Trade Commission member Andrew Ferguson as FTC chairman.
As of Monday evening, the White House had made no personnel announcements related to the OCC or the CFPB.
The White House also issued an executive order to prevent federal agencies from issuing proposed rulemaking until a department or agency head appointed or designated by Trump reviews and approves the rule. The order calls on agencies to withdraw any rules that have been sent to the Office of the Federal Register but not published in the Federal Register, and to consider postponing by 60 days from the date of the order the effective date for any rules that have been published in the Federal Register.