A cybersecurity engineer who has labored for 2 of Elon Musk’s corporations resigned from the board of Fannie Mae — simply at some point after he was appointed to the position, based on a regulatory submitting.
Christopher Stanley, a cybersecurity professional who has labored at SpaceX, X and the Division of Authorities Effectivity, abruptly resigned from Fannie Mae’s board of administrators simply at some point after his appointment was publicly introduced, Bloomberg Information reported.
The sudden departure was disclosed by a regulatory submitting however supplied no particulars concerning the reason for Stanley’s swift exit.
Stanley was appointed to the board alongside Invoice Pulte, director of the Federal Housing Finance Company, and Clinton Jones, FHFA’s normal counsel.
The FHFA supervises Fannie Mae and Freddie Mac, two crucial establishments within the US mortgage market which had been positioned beneath authorities conservatorship following the 2008 monetary disaster.
Buyers together with Invoice Ackman and John Paulson have repeatedly advocated for the discharge of those entities again into personal management — a transfer that’s more likely to considerably profit shareholders.
An FHFA spokesperson declined to remark whereas representatives from Stanley and Fannie Mae had been unavailable for statements regarding his instant resignation.
Earlier than his temporary foray onto Fannie Mae’s board, Stanley’s title was identified in governmental and tech circles.
Paperwork obtained by Bloomberg Information revealed that Stanley had been appointed as a brief professional throughout the Workplace of Personnel Administration — although specifics surrounding his duties stay imprecise.
An OPM spokesperson advised the information website that Stanley “returned to the private sector last month” however supplied no additional info.
Past authorities and regulatory ties, Stanley performed a major position in Musk’s company universe.
He joined Twitter’s “core transition team” following Musk’s acquisition in October 2022.
Musk later rebranded Twitter as X.
Stanley is at present the top of safety engineering at X and oversees cybersecurity operations at SpaceX.
His LinkedIn profile additional identifies him because the chief info safety officer for X Funds, an envisioned monetary service integral to Musk’s ambition for X as an “everything app.”
Stanley has additionally been publicly acknowledged for facilitating the set up of SpaceX’s Starlink satellite tv for pc web service on the White Home, highlighting his vital affect inside Musk’s orbit.
Earlier than aligning with Musk’s ventures, Stanley based his personal cybersecurity agency. He additionally labored with Kentucky-based healthcare supplier Baptist Well being.
Moreover, TechCrunch beforehand reported discovering a chatbot named “Department of Government Efficiency AI Assistant” powered by xAI on a subdomain linked to Stanley’s private web site.
This AI claimed its mission was to help authorities personnel in eliminating waste and streamlining processes utilizing Musk’s favored first-principles strategy.
