ARTICLE
23 April 2019

Senate Confirms New FHFA Director

CW
Cadwalader, Wickersham & Taft LLP

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Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
The U.S. Senate, by a 52-44 party-line vote, confirmed Mark Calabria as Director of the Federal Housing Finance Agency ("FHFA"). Mr. Calabria will succeed FHFA Acting Director Joseph Otting.
United States Finance and Banking

The U.S. Senate, by a 52-44 party-line vote, confirmed Mark Calabria as Director of the Federal Housing Finance Agency ("FHFA"). Mr. Calabria will succeed FHFA Acting Director Joseph Otting.

As previously covered, Mr. Calabria recently served as the Chief Economist to Vice President Michael Pence. Before that, he served as a senior aide on the U.S. Senate Banking Committee where he helped draft the Housing and Economic Recovery Act of 2008. Mr. Calabria also served as Deputy Assistant Secretary for Regulatory Affairs at the U.S. Department of Housing and Urban Development under former President George W. Bush.

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