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Franklin Raines information


Frank Raines
Raines in 2002
31st Director of the Office of Management and Budget
In office
April 13, 1996 – May 21, 1998
PresidentBill Clinton
Preceded byAlice Rivlin
Succeeded byJack Lew
Personal details
Born
Franklin Delano Raines

(1949-01-14) January 14, 1949 (age 75)
Seattle, Washington, U.S.
Political partyDemocratic
EducationHarvard University (BA, JD)
Magdalen College, Oxford

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]

  1. ^ "25 People to Blame for the Financial Crisis". Time. Retrieved June 23, 2016.

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