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MortgagePoint ยป Your Trusted Source for Mortgage Banking and Servicing News 6 June 2025 M O V E R S & S H A K E R S Movers & Shakers Government HUD TAPS TECH VET AS CIO The U.S. Department of Housing and Urban Development (HUD) has appointed Eric Sidle as its new Chief Information Officer (CIO). Sidle is a tech industry veteran with extensive experi- ence as an engineer and executive in the electric vehicle and technology sectors. According to a leadership page of the agency's website, Sidle, who has been at the technology consulting firm Fabrum Advisors for the past two years, is set to replace Juan Sargeant, who was HUD's acting CIO before returning to his prior position as deputy CIO. Following the resignation of Sairah Ijaz, a HUD employee since 2016 who was promoted to CIO last year, Sargeant was appointed as a stand-in. As CIO, Sidle will "use his invaluable experience as a tech leader to help things run smoothly so we can continue our im- portant mission of promoting the Ameri- can Dream of homeownership and serving rural, tribal, and urban communities," according to a message sent to HUD staff recently, and shared with FedScoop by the Secretary's Office of the Chief of Staff. According to an internal email from HUD, Sidle, who graduated from the University of Illinois with a bachelor's degree in electrical engineering, has worked as an engineer for Raytheon, Hewlett Packard, and Apple, where he oversaw the MacBook Pro System team. Leading autonomous driving teams at NIO before joining ChargePoint as SVP and Chief Technology Officer for the EV charging network, he made a sig- nificant shift to the EV market in 2016. In the first few months of the Trump administration, there has been a lot of agency-wide change in the CIO role. For instance, the Treasury Department, the Small Business Administration, and the Social Security Administration have all seen disruptions in their IT depart- ments, while the Department of Energy has already had two permanent CIOs. Numerous incoming CIOs had prior connections to DOGE, Palantir, or Elon Musk's businesses. Although it's unclear if Sidle has any comparable ties, Charge- Point has long been vying for dominance of the charging network with Tesla, Musk's electric vehicle startup. Sidle has a passion for next-generation technology, building and leading global organizations, and empowering teams to disrupt and scale. He has designed, developed, manufactured, and launched first-to-market solutions spanning consumer electronics, industrial systems, enterprise platforms, and national defense technologies. He holds multiple patents in electrification, autonomous driving, and networked vehicle systems and has spear- headed product and technology roadmaps that shaped industry standards. He thrives at the intersection of complex engineering and business challenges, helping decon- struct problems. Sidle is driven by the belief that empowered, mission-focused teams are the catalyst for great innovation. TRUMP NAMES FORMER FDIC DIRECTOR MCKERNAN TO TREASURY POST Secretary of the Treasury Scott Bessent has announced President Trump's intent to nominate Jonathan McKernan to serve as Undersec- retary of Domestic Finance at the U.S. Department of the Treasury. McKernan has been an Advisor at the Treasury Department while awaiting Senate confirmation to lead the Consumer Financial Protection Bureau (CFPB). During that time, McKernan has become an inte- gral part of the Secretary's senior team. "His continued service at Treasury will ensure that his experience and expertise are best put to advancing the President's America First agenda," said a release from the Treasury Department. "Jonathan McKernan's current role as a Treasury Department advisor, as well as his deep experience as a regulator, in private practice, and on Capitol Hill make him a great choice to serve as Undersecretary of Domestic Finance," Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit, CMB said. "We congratulate him on his nomination and believe he will be a prudent leader on the full range of domestic finance issues, including those pertaining to fiscal policy, financial markets, financial institutions, and the housing government-sponsored enterprises." Sworn in as a member of the FDIC's Board of Directors on January 5, 2023, McKernan previously was a Counsel to Ranking Member Pat Toomey on the staff of the Senate Committee on Banking, Housing, and Urban Affairs. He also has served as a Senior Counsel at the Fed- eral Housing Finance Agency (FHFA), a Senior Policy Advisor at the Department of the Treasury, and a Senior Financial Policy Advisor to Sen. Bob Corker. Prior to his government service, McKernan was an attorney in private practice, focused on matters under the banking and consumer financial laws. From November 2023-May 2024, McKernan served as Co-Chairman of a Special Committee of the FDIC Board that oversaw an independent third-par- ty review of allegations of sexual harass- ment and professional misconduct at the FDIC, as well as issues relating to the FDIC's workplace culture. McKernan holds a BA and Master of Arts in economics from the University of Tennessee, and a JD with High Honors from Duke University's School of Law.