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FHFA executive arrested for threatening former director
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The federal agency charged with overseeing Fannie Mae and Freddie Mac is in a period of damage control after Richard Hornsby, chief operating officer at the Federal Housing Finance Agency (FHFA), threatened the life of the agency’s former director, Edward DeMarco.
Hornsby was charged April 30 with one felony count of threatening to kidnap or injure a person after he allegedly threatened to shoot DeMarco and kill himself, The Wall Street Journal reported.
The threat to shoot DeMarco was preceded by weeks of incendiary comments made by Hornsby regarding DeMarco, all allegedly stemming from Hornsby’s poor job performance ratings.
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