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Politico: Trump expected to name Pence aide Calabria as top housing regulator

Politico, December 10, 2018: Trump expected to name Pence aide Calabria as top housing regulator

The White House is expected nominate Mark Calabria, an outspoken critic of Fannie Mae and Freddie Mac, to take over as the mortgage giants’ top regulator, a senior administration official told POLITICO.

Calabria, now Vice President Mike Pence’s chief economist, had expressed interest in becoming the next director of the Federal Housing Finance Agency for months. Current FHFA Director Mel Watt, the last remaining Obama-appointed financial regulator, is expected to leave the post Jan. 4 when his five-year term expires.

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