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FHFA Director Sandra Thompson Departs Amid Speculation About GSE Conservatorship

There is growing anticipation that Trump might release the GSEs from government control.

By Erika Morphy | January 09, 2025 at 07:18 AM

Sandra Thompson, director of the Federal Housing Finance Agency, is set to step down on January 19, according to an agency spokesperson. This announcement comes at a crucial time for the US housing market, as the FHFA oversees two key players: Fannie Mae and Freddie Mac, as well as the Federal Home Loan Bank system.

Had Thompson chosen to remain in her position, President-elect Donald Trump would have had the authority to swiftly remove her following his January 20 inauguration, thanks to a recent US Supreme Court decision that eased the process of removing the FHFA director.

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