Louis J. Freeh, a former director of the Federal Bureau of Investigation, has been elected to the board of directors of Fannie Mae.Mr. Freeh, who will serve on the board's compliance and compensation committees, is president of Freeh Group International LLC, a Delaware-based practice of former federal judges and former senior FBI leaders who provide legal, governance, investigative, litigation, and risk management services. Mr. Freeh served as general counsel, corporate secretary, and ethics officer at MBNA Corp., as well as vice chairman of MBNA America Bank NA from 2001 to 2006, Fannie Mae said. Before serving as director of the FBI from 1993 to 2001, he was the U.S. district judge for the Southern District of New York from 1991 to 1993. Fannie Mae can be found online at http://www.fanniemae.com.
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The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
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Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
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