Skip to main content

© 2026 New Hampshire Public Radio

Persons with disabilities who need assistance accessing NHPR's FCC public files, please contact us at publicfile@nhpr.org.

Support

Play Live Radio

Next Up:

0:00

0:00

0:00 0:00

Available On Air Stations

Big goals take a village. Help us reach 1,500 new and increasing sustainers to unlock $150K for local news!

Fannie Mae's CEO, CFO Step Down

NPR | By Jack Speer

Published December 21, 2004 at 12:00 AM EST

Fannie Mae's Franklin Raines retires as CEO, and Timothy Howard resigns as CFO of the mortgage giant. This comes a few weeks after the Securities and Exchange Commission told Fannie Mae to restate its earnings, which could force the company to record a loss of as much as $9 billion. Hear NPR's Jack Speer.

Copyright 2004 NPR

Tags

Latest from NPR NPR News

Jack Speer

Jack Speer is a newscaster at NPR in Washington, DC. In this role he reports, writes, edits, and produces live hourly updates which air during NPR programming.

Related Content

Pride celebrations struggle as corporate sponsorships dry up

Hannah Frances Johansson

Public support for the LGBTQ+ community by corporations has become politically risky, public relations expert says.
Carcass of Timmy the humpback whale brought to shore in Denmark

The Associated Press

The humpback whale, nicknamed "Timmy" by German media, died following a controversial failed rescue effort. His carcass had been drifting near the Danish shore for two weeks.
Politics

Rahm Emanuel says he's mulling a 2028 run for president

Eve Zuckoff

Former mayor of Chicago Rahm Emanuel told a WBUR Festival audience he’s thinking about running for president in 2028 — but wasn’t ready to make an announcement.
Opinion: Pope Leo reminds us of the value of our shared humanity

Scott Simon

Pope Leo's first encyclical voices his concerns about technology and AI. The pope cautions about the illusions AI bots can create, and how important actual human relationships are.
Hegseth urges Asian leaders to boost military spending against China

Jennifer Pak, Scott Simon

The U.S. defense secretary said there is "rightful alarm" of China's military build up. But he also struck a more moderate tone on U.S.-China relations – and notably sidestepped bringing up Taiwan.

You make NHPR possible.

NHPR is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.