On July 29, Senate Banking Committee Chairman Christopher Dodd (D-CT) and Ranking Minority Member Richard Shelby (R-AL) jointly called for President Obama to formally nominate a Director of the Federal Housing Finance Agency (FHFA). The agency has gone without a permanent director since it was created in July 2008. In a letter to the White House, Dodd and Shelby indicated that “while the FHFA currently has an acting Director who has served well under difficult circumstances, we believe that a permanent Director should be appointed and confirmed. Therefore, we urge you to forward a nomination to the United States Senate as soon as possible.”
For more information, contact MHI Vice President of Government Affairs Jason Boehlert at email@example.com.