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May 30, 2006

Will Lockhart Step Down at SSA Upon Confirmation at OFHEO?

There was an earlier report that James Lockhart, Deputy Commissioner of Social Security, who has been nominated to become the Director of the Office of Federal Housing Enterprise Oversight (OFHEO), and who is currently the Acting Head of OFHEO would not resign his job at Social Security and would be able to draw both salaries even if confirmed at OFHEO. However, the Government Sponsored Enterprise Report states that Lockhart will have to resign the Social Security job once confirmed. The same report indicates that another Social Security official, Edward DeMarch, may be joining Lockhart at OFHEO.

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