December 16,2016

the staff of the Ridgewood blog

Ridgewood NJ, Rep. Scott Garrett  may get his revenge despite the conservative’s recent election loss.It’s being reported that Rep. Scott Garrett has met with the Trump Transition Team and he may get a job at the Federal Housing Finance Agency or the Securities and Exchange Commission (SEC) .

Scott Garrett, a veteran House Republican who lost his re-election bid last month, met with Trump transition officials in New York Thursday morning, as a sign he is under consideration for a top position in the Trump administration.

While New Jersey voters turned their backs to Garrett and instead elected Democrat Josh Gottheimer, a former Microsoft Corp. executive who tied his fortunes to Hillary Clinton trading a veteran policy wonk for a substanceless out of power Clintonista with no political clout.

The new Trump Administration has prioritized many of Scott Garretts main issues including the repeal of Dodd-Frank, repeal of Obamacare and removing the too big to fail provisions from virtually all Federal agencies.

Garrett showed up at Trump Tower in Manhattan at about 10 a.m., according to the press. Garret declined to say whom he was meeting with but told reporters it was neither President-elect Donald Trump nor Mike Pence, with whom Mr. Garrett is said to be close too.

Garrett a longtime critic of federal housing policy is reported interested in a role at the Federal Housing Finance Agency, which oversees the government mortgage giants, Fannie Mae and Freddie Mac, according to people familiar with the matter.

The National Association of Realtors Congressional Fund spent $1.3 million supporting Gottheimer, including $146,000 for online ads, $529,000 for mailings and $590,000 for TV ads .Garrett crossed the Realtors group by pushing a bill in 2013 that would have scaled back the role of Fannie Mae and Freddie Mac, the government-backed companies that buy mortgages from lenders.