Fannie Mae-No Politics (FNMA)

[jacklanvo99]

The White House is considering a Fannie Mae exec to take over at the Consumer ... A recent court ruling found that the CFPB's structure was ...
The White House is considering a Fannie Mae exec to take over at the Consumer Financial Protection Bureau, according to a CNBC report.

Citing sources familiar with the matter, CNBC reported that the Trump Administration is considering Brian Brooks – currently general counsel for Fannie Mae – to head the CFPB if and when President Donald Trump fires current CFPB Director Richard Cordray.

Brooks has close ties to Treasury Secretary Steve Mnuchin, according to the report, having represented several investors in Mnuchin’s purchase of failed subprime lender IndyMac in 2009. After the purchase, Brooks joined the bank – renamed OneWest – as vice chairman. He left OneWest for Fannie Mae in 2014.

http://www.mpamag.com/news/fannie-mae-exec-on-shortlist-to-replace-cordray-59946.aspx