Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, released a statement applauding President Biden’s announcement to nominate Acting Director Sandra L. Thompson to continue her leadership of the Federal Housing Finance Agency (FHFA).

“I am pleased that President Biden has nominated Ms. Sandra L. Thompson as Director of the Federal Housing Finance Agency (FHFA). As Chairwoman of the House Financial Services Committee, I have called for greater diversity and representation of people of color and women in leadership roles in financial services regulators. If confirmed, Ms. Thompson will be the first woman to hold this position—a monumental step for representation in the higher ranks of government leadership and the housing finance industry. 

“With decades of experience across the FHFA, the Federal Deposit Insurance Corporation, and the Resolution Trust Corporation, Ms. Thompson has led FHFA’s portfolio in the areas of housing and regulatory policy, as well as mission activities for the government-sponsored enterprises (GSEs), specifically Fannie Mae, Freddie Mac, and Federal Home Loan Banks. In her current role as Acting Director, Ms. Thompson has proven both her in-depth knowledge of the GSEs as well as her invaluable commitment to ensuring the GSEs are working on behalf of the American people. 

“Her commitment and qualifications are impeccable, and her confirmation would be unprecedented. So, I applaud President Biden on his nomination of Ms. Sandra L. Thompson and look forward to continuing our work with her in the near future.” 

On September 16, 2021, Chairwoman Waters called on President Biden to nominate Ms. Sandra L. Thompson for Director of the FHFA.