Tag Archives: FannieFreddie

Biden to oust Trump-appointed Fannie-Freddie regulator after Supreme Court ruling

The door for Mark Calabria’s exit was opened by Wednesday’s Supreme Court ruling that made it clear the president has the authority to oust the Federal Housing Finance Agency director. (Andrew Harnik / Associated Press) President Biden will move immediately to replace the director of the Federal Housing Finance Agency, Mark Calabria, an appointee of former President Trump with broad powers over mortgage giants Fannie Mae and Freddie Mac. The Supreme Court opened the door for Calabria’s… Source link

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