Political Quotes

“I urge my colleagues to support Sandra Thompson's historic nomination to be the Director of the Federal Housing Finance Agency. Ms. Thompson is an exceptional nominee, with decades of experience in mortgage markets and Federal financial regulation. Since June 2021, Ms. Thompson served as Acting Director at FHFA, where she has played a vital role in promoting access to mortgage credit, to overseeing and supervising Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks, and to protecting the safety and soundness of the housing finance system. Before being designated as Acting Director, Ms. Thompson served for 8 years as a Deputy Director for the Division of Mission and Goals at FHFA, so she is clearly very qualified. She spent 18 years at the Federal Deposit Insurance Corporation. While there, she worked for seven different chairpersons, obviously, from both political parties and in senior-level positions. She will be the first woman. She will, notably, be the first Black woman confirmed to lead FHFA. For the first time, we have an administration and a Senate Banking and Housing Committee that understand how important it is to have economic leaders who reflect the country, who look like the country and think like the country--people who make it work. She will join a growing list of experienced, talented Black women who have come through our committee--Marcia Fudge, who was my Congresswoman in Cleveland.…”