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Franklin Raines

Director of the Office of Management and Budget · 1996

Franklin Raines, Director of the Office of Management and Budget. Franklin Delano Raines (born January 14, 1949), 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.

Positions

  • Director of the Office of Management and Budget1996-09-13–1998-05-21

Biography

Franklin Delano Raines (born January 14, 1949), 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.

From Wikipedia (CC BY-SA).

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From Senate roll call votes, Wikidata, Wikipedia and Office of Government Ethics records.

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Capitol Receipts, “Franklin Raines: Director of the Office of Management and Budget,” https://www.capitolreceipts.com/appointee/wQ1445276/franklin-raines (accessed 2026-10-13).

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