ICBA Congratulates Luke Pettit on Confirmation as Treasury Assistant Secretary for Financial Institutions

Washington, D.C. (July 15, 2025)-Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on the Senate confirmation of President Donald Trump's nomination of Luke Pettit to be Treasury assistant secretary for financial institutions.

"ICBA and the nation's community banks congratulate Luke Pettit on his Senate confirmation to be Treasury assistant secretary for financial institutions.

"As a senior policy adviser to Sen. Bill Hagerty, an economist for the Senate Banking Committee, an asset manager in the private sector, and an official at the Federal Reserve's Division of Monetary Affairs, Mr. Pettit has highly relevant experience for this critical role of supporting the strength of the nation's financial sector.

"We look forward to working closely with Mr. Pettit, the Trump administration, and the 119th Congress to continue advancing the critical policy reforms outlined in our 'Repair, Reform, and Thrive' plan and open letter to the 119th Congress."

About ICBA
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation's community banks through effective advocacy, education, and innovation.

As local and trusted sources of credit, America's community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers' financial goals and dreams. For more information, visit ICBA's website at icba.org.