Rep. Mel Watt (D-N.C.) declined to question FHFA Acting Director Edward DeMarco during Tuesday's House Financial Services hearing, citing "media speculation over the weekend."
The congressman was referring to reports he is on a short list of possible nominees to replace DeMarco and take the position on a permanent basis.
DeMarco has been acting director of the agency for three and a half years.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
