Washington - Wayne Abernathy, one of the chief engineers on the overhaul legislation for embattled mortgage financing concerns Fannie Mae and Freddie Mac, will resign from that post at the end of January to work in the private sector.

Abernathy joined the Treasury in December 2002 as assistant Treasury Secretary for Financial Institutions, after serving on the U.S. Senate Banking Committee as Republican staff director.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access