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Home » Store » Regulation » FHFA OIG Defends Against Senators' Accusations

FHFA OIG Defends Against Senators' Accusations

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Regulation

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The Federal Housing Finance Agency’s Office of Inspector General disagreed with lawmakers’ allegations that organizational changes within the oversight agency have led to inefficiency.In June, Sens. Charles Grassley, R-IA, and Ron Johnson, R-WI, asked the Council of Inspectors General on Integrity and Efficiency to review the FHFA OIG. The senators said that staff cuts in the Office of Audits over the past two years, combined with money spent to hire outside employees, has led to decreased production since FHFA IG Laura Wertheimer took reign in 2014. They complained that the agency produced less audit reports in 2015 and said some reports that were completed were not published.
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