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Fannie-Freddie Fates in Focus as Watchdog Pick Gets Hearing (1)

Feb. 13, 2019, 12:15 PM

President Donald Trump’s pick to oversee Fannie Mae and Freddie Mac is likely to face questions on the fate of the two companies as well as controversial comments he’s made about the future of U.S. housing finance when he appears at a confirmation hearing Feb. 14.

Federal Housing Finance Agency nominee Mark Calabria’s prepared remarks for the Senate Banking Committee steer clear of the Trump administration’s stated goal of ending the U.S. control of Fannie and Freddie. But his testimony comes on the heels of suggestions that FHFA and the Treasury Department might act without Congress to free them, news...

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