Biden Taps Sandra Thompson to Lead Fannie-Freddie Regulator
- White House names long-time housing official to lead FHFA
- Sandra Thompson has been acting director of FHFA since June
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President Joe Biden plans to nominate Sandra Thompson, the career government official who’s leading the Federal Housing Finance Agency on an acting basis, to run Fannie Mae and Freddie Mac’s regulator permanently, signaling the White House may take a cautious approach to the mortgage giants.
The Biden administration announced its FHFA pick in a statement Tuesday. Thompson has been the housing regulator’s temporary head since June when Biden ousted her predecessor, a Trump appointee.