Senate Bill Could Force Administration’s Hand on Nomination of OFHEO Director
September 23, 2004
A key Senate panel is trying to use its funding muscle to force the Bush administration to appoint a new director for the beleaguered Office of Federal Housing Enterprise Oversight. Last week, the Senate Appropriations Committee approved a funding bill for the Department of Veterans Affairs, the Department of Urban Affairs and various independent agencies, which included $51.21 million in funding for OFHEO, an agency charged with safety and soundness oversight of Fannie Mae and