Apr 27, 2006

Lockhart Nominated To OFHEO

Bloomberg.com reports that James Lockhart, Deputy Commissioner of Social Security, has been nominated by President Bush to become head of OFHEO, the agency that regulates Fannie Mae and Freddie Mac, the federal housing corporations. There had been earlier published reports that Lockhart had declined the post. President Bush must now nominate a new Deputy Commissioner for Social Security for confirmation by the Senate.

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