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Housing Finance Chief's Watchdog Budget Cuts Spark Resignation Demands
Original: Housing finance agency chief moves to slash watchdog’s budget, leading Democrats to demand his resignation
The head of the Federal Housing Finance Agency is moving to sharply cut the budget of the agency's independent inspector general, prompting Democratic lawmakers to call for his resignation. Critics say the move undermines oversight of an agency that oversees Fannie Mae and Freddie Mac, and Democrats are demanding accountability over what they view as an attempt to weaken internal watchdogs.
Why now: Democrats are publicly demanding the resignation of a powerful regulator's chief over efforts to cut the budget of its independent watchdog.
Federal Housing Finance AgencyDemocrats
Rank over time, top of the chart is #1. 2 snapshots from 4 h ago to 3 h ago.
Evidence
- Housing finance agency chief moves to slash watchdog’s budget, leading Democrats to demand his resignation · GovExec.com
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