WASHINGTON -- President Clinton has picked Bruce Morrison, a former congressman from Connecticut, as chairman of the Federal Housing Finance Board.

If confirmed, Mr. Morrison, a Democrat who left the House four years ago in an unsuccessful bid to become governor of Connecticut, will fill the seat left vacant when Dan Evans resigned from the post in November 1993.

While in Congress, Mr. Morrison served on the House Banking Committee and chaired the House Judiciary panel on immigration, refugees, and international law.

The finance board oversees the 12 Federal Home Loan Banks, which provide low cost, long-term, fixed-rate capital to home mortgage lenders.

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