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“Having already served as a detailee in the office of the director since June, Karen will continue to be a key advisor and leverage her decision-making and subject matter expertise to provide strategic and operational excellence across the agency,” said FHFA director Sandra Thompson.
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Frumkin has been with the agency since 2014 as a senior financial writer. Prior to that, he was a senior policy analyst at the CFPB. Frumkin also worked for the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation earlier in his 27-year career.
“Through his previous positions as principal advisor within both the office of the director and the division of mission and housing goals, as well as his policy and supervisory background at a number of other federal financial regulators, Sam’s holistic view of financial institution supervision will enable him to play a key role in ensuring FHFA meets a wide range of its statutory responsibilities,” Thompson said.
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