Richard Syron

Richard Syron is an American economist and former banking executive, best known for his role as the CEO of the Federal Home Loan Bank of Boston and later as the chairman and CEO of Freddie Mac, the government-sponsored mortgage company. His leadership during the 2008 financial crisis involved overseeing mortgage lending practices that contributed to the collapse of the housing market. Syron's actions and decisions drew criticism for their impact on the financial system. His career highlights the complexities of managing large financial institutions during economic downturns and the importance of strong regulation and oversight in the banking sector.