Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    What Real Estate Agents Need To Know About Cognitive Impairment

    December 10, 2024

    Will 2025 finally be a ‘normal’ housing market?

    December 10, 2024

    The Customer Is Always Right, But What If They’ve Been Misinformed?

    December 10, 2024
    Facebook X (Twitter) Instagram
    Trending
    • What Real Estate Agents Need To Know About Cognitive Impairment
    • Will 2025 finally be a ‘normal’ housing market?
    • The Customer Is Always Right, But What If They’ve Been Misinformed?
    • eXp, Weichert say Gibson plaintiffs’ motion is all about attorneys’ fees
    • Americans More Optimistic Home Prices and Mortgage Rates Have Peaked
    • EasyKnock abruptly shuts down its sale-leaseback platform
    • Under-The-Radar NAR Nonprofit May Have Hidden GOP Agenda
    • NAR’s nonprofit funds conservative groups
    Facebook X (Twitter) Instagram
    Industry Movement
    • Home
    • Entertainment
    • Business
    • News
    • Real Estate
    Industry Movement
    Home»Real Estate»Senate leaders sound off on Scott Turner’s HUD nomination
    Real Estate

    Senate leaders sound off on Scott Turner’s HUD nomination

    adminBy adminNovember 27, 2024No Comments3 Views
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Late last week, president-elect Donald Trump announced that he had chosen Scott Turner, the former executive director of the White House Opportunity and Revitalization Council, to lead the U.S. Department of Housing and Urban Development (HUD).

    Housing industry reactions were primarily congratulatory for Turner. They included vows from organizations such as the Mortgage Bankers Association (MBA), Community Home Lenders of America (CHLA) and National Housing Conference (NHC) to work with the incoming HUD secretary on important issues facing the U.S. housing system.

    But Turner will have to go through the confirmation process in the Senate before he is seated in his new role. In the meantime, two influential lawmakers on the Senate Committee on Banking, Housing and Urban Affairs have weighed in on Turner’s nomination.

    Sen. Tim Scott (R-S.C.), the current ranking member of the committee who is likely to become its next chair, lauded Turner’s appointment in a press release from the committee’s minority shortly after the nomination was made public.

    “For too many Americans across the country, access to quality, affordable housing is out of reach,” Scott said. “Federal housing policy has failed hardworking Americans for decades, and they deserve a different approach. I look forward to working with Scott Turner to put more Americans on the path towards homeownership and financial opportunity. The Senate Banking Committee will work quickly to consider his nomination.”

    After losing the Senate majority in this month’s election, Sen. Sherrod Brown (D-Ohio) — the current committee chair — will no longer be serving in the chamber after having been defeated by his Republican opponent, Bernie Moreno.

    But Sen. Elizabeth Warren (D-Mass.), an influential committee member and current chair on the Banking Subcommittee on Economic Policy, handily won reelection this month. Warren will be participating in Turner’s confirmation hearings and voiced her opinion on his nomination in a social media post this week.

    “A good HUD Secretary must be serious about building more housing, taking on predatory corporations, and lowering costs for families,” Warren said in a post on the social media platform X. “If Turner implements Trump’s Project 2025 plans, it’ll be a disaster for first-time home buyers and working people struggling to afford rent.”

    Project 2025 refers to a series of proposals published by The Heritage Foundation, a conservative think thank, that could reshape many federal agencies and systems to more closely align with conservative ideology. It features a housing section written by Ben Carson, the HUD secretary during Trump’s first term, although Trump and his campaign aimed to distance themselves from the document during the run-up to the election.

    But many of Turner’s views of specific housing issues, and the management challenges that would accompany the new HUD leader, are not currently known. Warren said she aims to keep an open mind as Turner moves through the confirmation process.

    “I look forward to learning more about Turner’s views on how to address the housing crisis and will review his record with an objective and open mind ahead of his confirmation hearing,” she added.

    HousingWire reached out to Warren’s representatives for further comment but did not receive an immediate response.

    Warren’s concerns about the housing plans mentioned in Project 2025 have been called into question by supporters of the president-elect due to Trump’s statements that aim to distance himself from the playbook. But Trump also nominated a key architect of the policy playbook — Russell Vought — to lead the White House Office of Management and Budget (OMB) in the new term.

    Vought previously served in the same role in the final two years of the first Trump administration. But a spokesperson for the transition team reiterated the claim that Trump “never had anything to do with Project 2025,” according to reporting by The Associated Press.

    In a social media post directed at the president-elect shortly after his nomination was announced, Turner said he is “thrilled to continue the outstanding work we began in your last administration at HUD with an incredible team. I am deeply humbled by your confidence in my nomination.”

    Turner also described Carson as his mentor, saying the former HUD secretary leaves him with “big shoes to fill.”

    Related



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    admin

    Related Posts

    What Real Estate Agents Need To Know About Cognitive Impairment

    December 10, 2024

    Will 2025 finally be a ‘normal’ housing market?

    December 10, 2024

    The Customer Is Always Right, But What If They’ve Been Misinformed?

    December 10, 2024
    Leave A Reply Cancel Reply

    Recent Posts
    • What Real Estate Agents Need To Know About Cognitive Impairment
    • Will 2025 finally be a ‘normal’ housing market?
    • The Customer Is Always Right, But What If They’ve Been Misinformed?
    • eXp, Weichert say Gibson plaintiffs’ motion is all about attorneys’ fees
    • Americans More Optimistic Home Prices and Mortgage Rates Have Peaked
    Recent Comments
      Archives
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      Categories
      • Business
      • Entertainment
      • News
      • Real Estate
      Meta
      • Log in
      • Entries feed
      • Comments feed
      • WordPress.org
      Demo
      Top Posts

      How To Avoid These 12 Costly Business Traps

      November 30, 202430

      Gen Zer Won NYC Housing Lottery, Pays $1.6K Rent for Queens Apartment

      October 1, 202427

      SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement

      November 21, 202424

      Better Pay, More Time Off: What Real Estate Agents Want This Labor Day

      August 31, 202424
      Don't Miss
      Real Estate

      What Real Estate Agents Need To Know About Cognitive Impairment

      By adminDecember 10, 20245

      Senior real estate specialist Nikki Buckelew writes that understanding cognitive impairment among seniors is about…

      Will 2025 finally be a ‘normal’ housing market?

      December 10, 2024

      The Customer Is Always Right, But What If They’ve Been Misinformed?

      December 10, 2024

      eXp, Weichert say Gibson plaintiffs’ motion is all about attorneys’ fees

      December 10, 2024
      Stay In Touch
      • Facebook
      • Twitter
      • Pinterest
      • Instagram
      • YouTube
      • Vimeo

      Subscribe to Updates

      Get the latest creative news from SmartMag about art & design.

      Demo
      Our Picks

      What Real Estate Agents Need To Know About Cognitive Impairment

      December 10, 2024

      Will 2025 finally be a ‘normal’ housing market?

      December 10, 2024

      The Customer Is Always Right, But What If They’ve Been Misinformed?

      December 10, 2024
      Most Popular

      How To Avoid These 12 Costly Business Traps

      November 30, 202430

      Gen Zer Won NYC Housing Lottery, Pays $1.6K Rent for Queens Apartment

      October 1, 202427

      SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement

      November 21, 202424
      Legal Pages
      • About Us
      • Disclaimer
      • DMCA Notice
      • Privacy Policy

      Type above and press Enter to search. Press Esc to cancel.