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Friday, 09/21/2018 1:03:39 PM

Friday, September 21, 2018 1:03:39 PM

Post# of 800480
FHFA's Watt will testify at hearing as harassment probe looms

By Hannah Lang Published September 21 2018, 12:43pm EDT


WASHINGTON — Federal Housing Finance Agency Director Mel Watt and Fannie Mae CEO Timothy Mayopoulos will both testify next week at a House Financial Services Committee hearing to look into the FHFA's role as conservator of the government-sponsored enterprises, a committee spokesperson said Friday.

Watt's appearance before the committee had been a question mark as he has been dogged by sexual harassment allegations that prompted an equal employment opportunity investigation. Rumors had spread through the capital last week that Watt would not come to the hearing.