Frank Raines | |
|---|---|
 Raines in 2002 | |
| 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 January 14, 1949 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.