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Inside Washington (01/16/2013)
  • WASHINGTON (1/16/13)--Starting in March, the  Federal Housing Finance Agency will have a new as deputy director of the Division of Housing Mission and Goals. Acting FHFA Director Edward DeMarco Tuesday  announced the appointment of Sandra Thompson to that post. She will oversee FHFA's housing and regulatory policy, financial analysis, and policy research and analysis of housing finance and financial markets. Thompson joins FHFA from the Federal Deposit Insurance Corporation (FDIC),  where she has served in various capacities over the past 23 years. During her time at the FDIC Thompson led the agency's examination and enforcement program for risk management and consumer protection at the height of the financial crisis. She also led the FDIC's outreach initiatives in response to a crisis of consumer confidence in the banking system
  • WASHINGTON (1/16/13)--Amy Friend has been named the chief counsel for the Office of the Comptroller of the Currency (OCC). Friend, a former assistant chief counsel at the OCC, served as chief counsel to the Senate Banking Committee, where she helped shape the Dodd-Frank Act. Before joining the OCC in 1997, Friend was minority general counsel to the House Banking Committee. She previously served as counsel to the committee and as counsel to the panel's Subcommittee on Consumer Affairs and Coinage. Friend succeeds Julie L.Williams, who retired from the OCC at the end of 2012 …
  • WASHINGTON (1/16/13)--The Treasury Department will not mint a trillion-dollar platinum coin to avoid the debt ceiling, the Washington Post reported Saturday. Neither the Treasury Department nor the Federal Reserve believes their authority should be used to produce of platinum coins for the purpose of avoiding an increase in the debt limit, Treasury spokesman Anthony Coley said. The idea of minting a platinum coin to invalidate the debt ceiling comes from some language added to the 1997 Omnibus Consolidated Appropriations Act. The intent was to help coin collectors who wanted the Treasury Department to mint cheaper platinum coins …


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