The Federal Housing Finance Agency (FHFA) has formalized its withdrawal from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS) in a letter to the NGFS Chair, ending the agency’s participation in the international network. The letter states that FHFA employees will no longer engage in NGFS committees, taskforces, or working groups, and asks to be removed from the NGFS website and other public materials. FHFA linked the move to President Trump’s Executive Orders and a refocus on its housing finance system responsibilities, including its oversight of Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks.
Federal Housing Finance Agency 2025-09-25
Federal Housing Finance Agency completes withdrawal from the Network of Central Banks and Supervisors for Greening the Financial System
The Federal Housing Finance Agency (FHFA) has officially withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), citing alignment with President Trump's Executive Orders. The FHFA will cease participation in NGFS activities and focus on its housing finance responsibilities, including oversight of Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks.