Biden Appoints Veteran Housing, Banking Regulator as Acting FHFA Chief

President Biden has named Sandra Thompson as the acting director of the Federal Housing Finance Agency (FHFA) after ousting Mark Calabria, reports Sylvan Lane of The Hill.

Thompson has served as deputy director of the FHFA’s Division of Housing Mission and Goals since 2013. She joined the FHFA after more than 23 years at the Federal Deposit Insurance Corp., writes Lane.

Biden’s decision to replace Calabria came hours after the Supreme Court on Wednesday struck down a provision limiting when the president could fire the FHFA director.

Click on the link to read the story in The Hill.