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White House said near decision on leader of Fannie Mae

from Bloomberg Businessweek

Edward J. DeMarco, who has served as acting director of the Federal Housing Finance Agency since 2009, is scheduled to update a Senate panel on the FHFA's oversight of Fannie Mae and Freddie Mac. It's unclear how much longer he'll be guiding those efforts. Long-stalled White House plans to nominate his replacement are now accelerating, according to two people familiar with the discussions who asked to remain anonymous because the process isn't public. more


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