Sandra L. Thompson

Sandra Thompson
Director of the Federal Housing Finance Agency
Assumed office
June 22, 2022
PresidentJoe Biden
Preceded byMark A. Calabria
Personal details
EducationHoward University (BBA)

Sandra L. Thompson is an American government official serving as the director of the Federal Housing Finance Agency (FHFA). Previously serving as acting director since June 23, 2021, Thompson was nominated by President Biden on December 17, 2021 and sworn in on June 22, 2022.[1] She is the first black woman to lead the agency.[2]

Following the Supreme Court's decision in Collins v. Yellen, which found that the current structure of the FHFA was unconstitutional as Congress had exceeded its authority by restricting the president's ability to dismiss the agency's head, the Biden administration announced plans to replace the current director, Mark A. Calabria, appointed under the previous president Donald Trump.[3] On December 12, 2021, President Biden announced his intent to promote Thompson from her acting role as director, and on December 17 she was officially nominated.[4] On May 25, 2022, Thompson was confirmed by the Senate in a 49-46 vote, largely along party lines.[5][6]

Prior to her role as director of the FHFA, Thompson served as Deputy Director of the Division of Housing Mission and Goals since March 2013. Before joining the FHFA, Thompson had served for more than 23 years in various roles at the Federal Deposit Insurance Corporation, most recently as Director of the Division of Risk Management Supervision.

Thompson is a graduate of Howard University in Washington, D.C. She has two adult sons.

References

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  1. ^ "Sandra L. Thompson Bio - FHFA Director" (PDF). Federal Housing Finance Agency. Retrieved May 15, 2023.
  2. ^ "Sandra L. Thompson confirmed as FHFA director". NAREB. The National Association of Real Estate Brokers. Retrieved May 15, 2023.
  3. ^ Mattingly, Phil; de Vogue, Ariane; Stracqualursi, Veronica (June 23, 2021). "White House to replace Federal Housing Finance Agency director following Supreme Court decision". CNN Politics. CNN. Retrieved May 15, 2023.
  4. ^ "President Biden Announces Nominee for Director of the Federal Housing Finance Agency" (Press release). Washington, D.C.: The White House. 2021-12-14. Retrieved 2023-05-15.
  5. ^ "Thompson Confirmed as FHFA Director". Affordable Housing Finance. May 26, 2022. Retrieved May 15, 2023.
  6. ^ "Roll Call Vote 117th Congress - 2nd Session". United States Senate. May 25, 2022. Retrieved May 15, 2023.