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WASHINGTON, D. C. – Today, the National Bankers Association released the following statement regarding President Joe Biden’s intent to nominate Sandra L. Thompson to serve as Director of the Federal Housing Finance Agency:

“The National Bankers Association (NBA) is pleased that President Biden has elected to keep Sandra L. Thompson at the helm of the Federal Housing Finance Agency (FHFA). Based on her long career as a financial regulator and her performance to date as Acting Director. Ms. Thompson has proven that she not only has the requisite experience and credentials but the dedication to housing and financial security issues weighing heavy on the minds of borrowers in our nation’s low-and-moderate income communities. We fully support her nomination to the five-year position.”