The Federal Housing Finance Agency (FHFA) now has a Senate-confirmed inspector general, a corporate compliance expert who hails from the private sector.
Brian Tomney, who the Senate confirmed by voice vote Thursday evening, most recently led the office of corporate investigations at Capital One. In that role he oversaw a team of researchers to investigate allegations of internal fraud and unethical business practices. Now, he will lead an office that does the same for the regulator and conservator of Fannie Mae and Freddie Mac.
Tomney will likely take a pay cut to lead the watchdog agency. At Capital One, per his public details ⇒
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