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Rare out-of-session hearing draws top Banking Democrat’s ire

Warren objected to holding the nominees’ hearing during recess and raised concerns about agency oversight and a potential loan.

Rare out-of-session hearing draws top Banking Democrat’s ire
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This article1 analysis · Oct 2, 2026
Roll Call
Oct 1, 2026
tl;dr

The Senate Banking Committee held a hearing on four Trump administration nominees while the Senate was in recess, drawing criticism from ranking member Elizabeth Warren. Chairman Tim Scott defended the timing, while Warren also challenged agency funding and a potential Export-Import Bank loan.

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Elizabeth Warren D · MA · SEN
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Elizabeth Warren
D · MA · SEN

Ranking member who criticized the hearing timing and questioned nominees about agency policies and a potential bank loan.

PRIMARY SUBJECT
Tim Scott
R · SC · SEN

Committee chair who defended holding the hearing during recess and supported the nominees.

Scott's version of this story ↗
Donald Trump
R · President of the United States

President whose administration’s nominees were heard by the committee.

Mike Rounds
R · SD · SEN

Senator who gave Slade an opportunity to clarify the status of the possible loan.

ALSO MENTIONED  David Slade, Administration nominee for first vice president of the Export-Import Bank.; Jeremy Wiggins, Administration nominee for assistant Treasury secretary.; Lisa Cook, Federal Reserve governor referenced in the account of Trump’s earlier effort to fire her.; Matthew Jones, Administration nominee for assistant secretary of Housing and Urban Development.; Michael Rigas, Administration nominee for a seat on the Export-Import Bank board.; William Pulte, FHFA director whom Warren accused of cutting inspector general funding to obstruct oversight.

Part of a bigger story

2 OUTLETS
Senate Banking Committee Holds Hearing on Trump Administration Nominees During Recess
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ALSO ABOUTTim Scott

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