On May 15, 2018, President Trump nominated Michael R. Bright, the Executive Vice President, Chief Operating Officer, and Acting President of the Government National Mortgage Association (Ginnie Mae), to be the President of Ginnie Mae.
Bright has worked at Ginnie Mae since July 2017. He was previously Director for Financial Markets at the Milken Institute and served as a senior executive at BlackRock/PennyMac. He was also the Senior Financial Policy Advisor for Senator Bob Corker (R-TN).