Fannie Mae-No Politics (FNMA)

[navycmdr]

Waters urges Biden to nominate FHFA's Thompson as agency's director

By Hannah Lang - September 17, 2021, 10:28 a.m. EDT

https://www.americanbanker.com/news/waters-urges-biden-to-nominate-fhfas-thompson-as-agencys-director



WASHINGTON — House Financial Services Committee Chair Maxine Waters is calling on President Biden to name acting Federal Housing Finance Agency Director Sandra Thompson as the agency’s permanent leader, calling Thompson “uniquely qualified” to lead the agency.

The Democrat from California released a statement late Thursday night outlining Thompson’s accomplishments as acting FHFA director in the three months she has served in the role.

Waters’ input could complicate the administration's process for selecting a chief for the regulator of Fannie Mae and Freddie Mac. Her statement came amid rumors that Biden is considering nominating Mike Calhoun, the president of the Center for Responsible Lending.