The Trump administration is considering nominating economist Mark Calabria to run Fannie Mae and Freddie Mac’s regulator, a potentially controversial pick because he has advocated for policies that would reduce the government’s role in the housing market.
Calabria is a leading candidate to replace Federal Housing Finance Agency Director Mel Watt, a Barack Obama appointee who has led the regulator since President Donald Trump took office, several people familiar with the matter said. Calabria is currently Vice President Mike Pence’s chief economist.