31st Director of the Office of Management and Budget
In office April 13, 1996 – 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
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]
^"25 People to Blame for the Financial Crisis". Time. Retrieved June 23, 2016.
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...
housing policy matters." However, Raines and the Obama campaign both allege that Raines has never advised Obama. See Raines and Obama. On 18 June 2008, a...
2006, U.S. regulators filed 101 civil charges against chief executive FranklinRaines; chief financial officer J. Timothy Howard; and the former controller...
Mudd was named interim CEO of Fannie Mae in December 2004, after FranklinRaines stepped down after the U.S. Securities and Exchange Commission (SEC)...
Benjamin Franklin FRS FRSA FRSE (January 17, 1706 [O.S. January 6, 1705] – April 17, 1790) was an American polymath: a leading writer, scientist, inventor...
unaccountable and mostly liberal bureaucracy (as conservatives view it) under Franklin Roosevelt's New Deal and Lyndon Johnson's Great Society, numbering about...
Mozilo Roland Arnall Maurice R. Greenberg Stan O'Neal Lloyd Blankfein FranklinRaines Brian Clarkson Alan Greenspan Seeking Alpha Seattle PI Business Pundit...
Stockman James Miller Jon Wright Richard Darman Leon Panetta Alice Rivlin FranklinRaines Jack Lew Mitch Daniels Joshua Bolten Rob Portman Jim Nussle Peter R...
the original on March 3, 2014. "President Clinton Announces OMB Director Raines' Departure". clinton4.nara.gov. April 14, 1998. Archived from the original...
Obama's campaign. In June 2008 The Wall Street Journal reported that FranklinRaines, a former CEO of Fannie Mae, received below market rates loans at Countrywide...
Management and Budget Leon Panetta (1993–1994) Alice Rivlin (1994–1996) FranklinRaines (1996–1998) Jack Lew (1998–2001) Director of Central Intelligence John...
1993). "Unions Gird for War Over Trade Pact". The New York Times. p. A14. Franklin, Stephen (October 6, 1993). "REICH NOT BASHFUL WHEN IT COMES TO WOOING...
Management and Budget Leon Panetta (1993–1994) Alice Rivlin (1994–1996) FranklinRaines (1996–1998) Jack Lew (1998–2001) Director of Central Intelligence John...
Countrywide and Fannie Mae – Mozilo and Johnson and then Mozilo and FranklinRaines, Johnson's successor – would be linked at the hip." "Depending on the...
Stockman James Miller Jon Wright Richard Darman Leon Panetta Alice Rivlin FranklinRaines Jack Lew Mitch Daniels Joshua Bolten Rob Portman Jim Nussle Peter R...
Pat Toomey Amanda Nguyen Eric Lesser Kevin Kallaugher Charles Murray FranklinRaines Barney Frank Thomas Sowell Mortimer Sellers Matthew Yglesias Vivek...
Stockman James Miller Jon Wright Richard Darman Leon Panetta Alice Rivlin FranklinRaines Jack Lew Mitch Daniels Joshua Bolten Rob Portman Jim Nussle Peter R...
Reserve leader since Marriner S. Eccles, who was appointed by President Franklin D. Roosevelt amidst the Great Depression in 1934. On fiscal policy, publications...
Thomas Franklin "Mack" McLarty, III (born June 14, 1946) is an American business and political leader who served as President Bill Clinton's first White...
Management and Budget Leon Panetta (1993–1994) Alice Rivlin (1994–1996) FranklinRaines (1996–1998) Jack Lew (1998–2001) Director of Central Intelligence John...
House budget director FranklinRaines issued a supplementary policy memorandum, M-97-02, in 1996 that became known as "Raines' Rules". The memorandum...
Management and Budget Leon Panetta (1993–1994) Alice Rivlin (1994–1996) FranklinRaines (1996–1998) Jack Lew (1998–2001) Director of Central Intelligence John...