Peter Monroe
Encyclopedia
Peter Hills Monroe was 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...

 U.S. Senate Candidate in the state of Florida. He is a real-estate developer and an attorney. He was an appointee by the first President Bush to a post steering the federal government's bailout of the savings and loan industry .

Peter Monroe earlier had served with United States Secretary of Housing and Urban Development
United States Secretary of Housing and Urban Development
The United States Secretary of Housing and Urban Development is the head of the United States Department of Housing and Urban Development, a member of the President's Cabinet, and thirteenth in the Presidential line of succession. The post was created with the formation of the Department of Housing...

 Jack Kemp
Jack Kemp
Jack French Kemp was an American politician and a collegiate and professional football player. A Republican, he served as Housing Secretary in the administration of President George H. W. Bush from 1989 to 1993, having previously served nine terms as a congressman for Western New York's 31st...

 as the Chief Operating Officer at the Federal Housing Administration
Federal Housing Administration
The Federal Housing Administration is a United States government agency created as part of the National Housing Act of 1934. It insured loans made by banks and other private lenders for home building and home buying...

 (FHA).

Peter Monroe is best known for serving as President and CEO of the Resolution Trust Corporation Oversight Board - the Federal agency charged with overseeing the $400 billion clean-up of the Savings and Loan disaster.

Earlier in his career, Monroe held a senior housing position on the immediate staff of HUD Secretary George Romney
George W. Romney
George Wilcken Romney was an American businessman and Republican Party politician. He was chairman and CEO of American Motors Corporation from 1954 to 1962, the 43rd Governor of Michigan from 1963 to 1969, and the United States Secretary of Housing and Urban Development from 1969 to 1973...

.

Peter Monroe graduated Phi Beta Kappa from Williams College
Williams College
Williams College is a private liberal arts college located in Williamstown, Massachusetts, United States. It was established in 1793 with funds from the estate of Ephraim Williams. Originally a men's college, Williams became co-educational in 1970. Fraternities were also phased out during this...

, was a Rhodes Scholar finalist, graduated with a Master's Degree
Master's degree
A master's is an academic degree granted to individuals who have undergone study demonstrating a mastery or high-order overview of a specific field of study or area of professional practice...

 from Oxford University, and obtained his law degree
Law degree
A Law degree is an academic degree conferred for studies in law. Such degrees are generally preparation for legal careers; but while their curricula may be reviewed by legal authority, they do not themselves confer a license...

 from Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...

.

In 2006, Peter Monroe sought but failed to attain the nomination for the Republican Party's official Senate candidate in Florida's primary elections, losing to Katherine Harris
Katherine Harris
Katherine Harris is an American Republican politician, former Secretary of State of Florida, and former member of the United States House of Representatives. Harris won the 2002 election to represent Florida's 13th congressional district in the U.S. House of Representatives. She held that post...

.

During his campaign, Monroe implored the Florida Congressional delegation to trade oil drilling rights in the Gulf of Mexico for a federal catastrophic insurance program intended to spread natural disaster risk throughout the US. The Palm Beach Post, the South Florida Sun Sentinel, the Florida Times Union, and the Daytona Beach News Journal all recognized Monroe's leadership on Florida's insurance crisis and endorsed him in Florida's Republican Senate Primary.

External links

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