Franklin Raines
American businessman and federal executive / From Wikipedia, the free encyclopedia
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Franklin Delano Raines (born January 14, 1949), also known as Frank Raines, is an American business executive. He is the former chairman and chief executive officer of the Federal National Mortgage Association, commonly known as Fannie Mae, who served as White House budget director under President Bill Clinton. His role leading Fannie Mae has come under scrutiny. He has been called one of the "25 People to Blame for the Financial Crisis" according to Time magazine.[1]
Quick Facts Frank Raines, 31st Director of the Office of Management and Budget ...
Frank Raines | |
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31st Director of the Office of Management and Budget | |
In office April 13, 1996 ā May 21, 1998 | |
President | Bill Clinton |
Preceded by | Alice Rivlin |
Succeeded by | Jack Lew |
Personal details | |
Born | Franklin Delano Raines (1949-01-14) January 14, 1949 (age 75) Seattle, Washington, U.S. |
Political party | Democratic |
Education | Harvard University (BA, JD) Magdalen College, Oxford |
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