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Senate Approves Nomination of Dr. Mark Calabria to Lead Federal Housing Finance Agency

Posted By Administration, Monday, April 8, 2019

The Senate voted yesterday to approve the nomination of Dr. Mark Calabria as director of the Federal Housing Finance Agency (FHFA). Approved by a vote of 53-46, Dr. Calabria will take over the role from acting director Joseph Otting and will serve a 5-year term with FHFA.

 

Dr. Calabria served as the chief economist for Vice President Mike Pence, director of financial regulation studies at the Cato Institute, and as a senior aide on the Senate Banking Committee, where he helped draft the Housing and Economic Recovery Act of 2008 (HERA).

 

"NALHFA congratulates Dr. Calabria on his Senate approval as the new director of the Federal Housing Finance Agency," said NALHFA Executive Director Jonathan Paine. "We look forward to working with Mark to advance common sense policies and to protect funding to vital programs that are necessary to combat the affordable housing crisis in the United States."

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