John Korsmo
Encyclopedia
John T. Korsmo is a former chair of the Federal Housing Finance Board
who pled
guilty to lying to congress.
In 1992 Korsmo ran as a Republican
to represent North Dakota
in the House of Representatives
, but lost the elections to Earl Pomeroy
by a 57% to 39% margin.
Federal Housing Finance Board
The Federal Housing Finance Board was an independent agency of the United States government established in 1989 in the aftermath of the savings and loan crisis to take over oversight of the Federal Home Loan Banks , and was superseded by the Federal Housing Finance Agency in 2008.The FHFB...
who pled
Plea
In legal terms, a plea is simply an answer to a claim made by someone in a civil or criminal case under common law using the adversary system. Colloquially, a plea has come to mean the assertion by a criminal defendant at arraignment, or otherwise in response to a criminal charge, whether that...
guilty to lying to congress.
In 1992 Korsmo ran as a Republican
Republican Party (United States)
The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...
to represent North Dakota
North Dakota
North Dakota is a state located in the Midwestern region of the United States of America, along the Canadian border. The state is bordered by Canada to the north, Minnesota to the east, South Dakota to the south and Montana to the west. North Dakota is the 19th-largest state by area in the U.S....
in the House of Representatives
United States House of Representatives
The United States House of Representatives is one of the two Houses of the United States Congress, the bicameral legislature which also includes the Senate.The composition and powers of the House are established in Article One of the Constitution...
, but lost the elections to Earl Pomeroy
Earl Pomeroy
Earl Pomeroy is a lobbyist and former U.S. Representative for , serving from 1993 until 2011. He is a member of the North Dakota Democratic-NPL Party.- Early life, education and career :...
by a 57% to 39% margin.
External links
- North Dakota Supreme Court document Application for Disciplinary Action against John Korsmo