Senate Panel Eyes Nomination of Fannie, Freddie Overseer Next Week - News Summed Up

Senate Panel Eyes Nomination of Fannie, Freddie Overseer Next Week


WASHINGTON—Senate lawmakers are expected as early as next week to consider the nomination of Mark Calabria, a critic of Fannie Mae and Freddie Mac, to the post responsible for overseeing the housing-finance companies, according to people familiar with the matter. The hearing is a crucial step as the Senate weighs confirming Mr. Calabria to become the director of the obscure but powerful Federal Housing Finance Agency, the regulator of the two companies. The Senate Banking Committee is expected to hear testimony from Mr. Calabria...


Source: Wall Street Journal February 05, 2019 17:46 UTC



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