Bruce A. Morrison was sworn in as a Director of the Federal Housing Finance Board on June 1, 1995. Mr. Morrison was also designated by President Clinton to serve as the Chairman of the Finance Board.
Mr. Morrison, of New Haven, Connecticut, represented the Third District of Connecticut in the House of Representatives from 1983 until 1991 and also ran as a candidate for Governor of Connecticut in 1990. While a member of Congress, Mr. Morrison served on the Committee on Banking, Finance and Urban Affairs and the Housing and Community Development and Financial Institutions Subcommittees, where he earned a reputation as a strong advocate for affordable housing and community development and strong capital standards for financial institutions. As a member of the House Banking Committee, Mr. Morrison helped craft legislation to improve the regulation and supervision of insured financial institutions and authored legislation on the use of federal funds for the development of owner-occupied housing in urban areas.
Mr. Morrison has most recently been in private practice with the law firm of Morrison & Swain in New Haven, specializing in immigration issues and international trade and investment. During the 101st Congress, he was Chairman of the Judiciary Committee Subcommittee on Immigration, Refugees and International Law and authored the Immigration Act of 1990, the most comprehensive revision of the U.S. immigration law in the country's history. Mr. Morrison founded the Third World Debt Caucus, which advocated the restructuring of the debts of the Lesser Developed Countries to expand investment and trade.
Mr. Morrison currently serves on the U.S. Commission on Immigration Reform. In 1994, he led a delegation of Irish-Americans to Ireland that played a key role in engineering a cease-fire by the Irish Republican Army in the long-running conflict in Northern Ireland.
A 1973 graduate of Yale Law School, Mr. Morrison holds a bachelor's degree in chemistry from the Massachusetts Institute of Technology and a master's degree in organic chemistry from the University of Illinois. He and his wife, Nancy, have one son, Drew.