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Trump Considering Pence Aide for Fannie-Freddie Regulator

  • Mark Calabria is now Vice President Pence’s chief economist
  • Administration’s pick would succeed FHFA Director Mel Watt
Mark Calabria in 2011.

Mark Calabria in 2011.

Photographer: Andrew Harrer/Bloomberg

Updated on

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.