Peter Hills Monroe (born August 25, 1943), now an independent, was a
Republican
Republican can refer to:
Political ideology
* An advocate of a republic, a type of government that is not a monarchy or dictatorship, and is usually associated with the rule of law.
** Republicanism, the ideology in support of republics or agains ...
U.S. Senate candidate in the U.S. state of
Florida
Florida is a state located in the Southeastern region of the United States. Florida is bordered to the west by the Gulf of Mexico, to the northwest by Alabama, to the north by Georgia, to the east by the Bahamas and Atlantic Ocean, and to ...
. He is a commercial 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.
Monroe earlier had served with
United States Secretary of Housing and Urban Development
The United States secretary of housing and urban development (or HUD secretary) is the head of the United States Department of Housing and Urban Development, a member of the president's Cabinet
Cabinet or The Cabinet may refer to:
Furnitur ...
Jack Kemp as the chief operating officer at the
Federal Housing Administration
The Federal Housing Administration (FHA), also known as the Office of Housing within the Department of Housing and Urban Development (HUD), is a United States government agency founded by President Franklin Delano Roosevelt, created in part by ...
(FHA).
Peter Monroe is best known as noted in Willam Seidman's Book "Full Faith and Credit " 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.
L. William Seidman in his book entitled ''Full Faith and Credit'' described Monroe as "a leader in promoting the RTC's pioneering securitization of commercial mortgages".
Earlier in his career, Monroe held a senior housing position on the immediate staff of HUD Secretary
George Romney.
Peter Monroe graduated
Phi Beta Kappa
The Phi Beta Kappa Society () is the oldest academic honor society in the United States, and the most prestigious, due in part to its long history and academic selectivity. Phi Beta Kappa aims to promote and advocate excellence in the liberal ...
from
Williams College
Williams College is a private liberal arts college in Williamstown, Massachusetts. It was established as a men's college in 1793 with funds from the estate of Ephraim Williams, a colonist from the Province of Massachusetts Bay who was kill ...
, was a
Rhodes Scholar finalist, graduated with a "first-class"
master's degree
A master's degree (from Latin ) is an academic degree awarded by universities or colleges upon completion of a course of study demonstrating mastery or a high-order overview of a specific field of study or area of professional practice. from
Oxford University
Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to th ...
, and obtained his
law degree from
Harvard University
Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ...
.
In 2006, Monroe, then a liberal Republican, sought nomination as the Republicans' Senate candidate in Florida's primary elections. While being endorsed by the ''
Palm Beach Post
''The Palm Beach Post'' is an American daily newspaper serving Palm Beach County in South Florida, and parts of the Treasure Coast. On March 18, 2018, in a deal worth US$42.35 million, ''The Palm Beach Post'' and ''The Palm Beach Daily News'' we ...
'', the South Florida ''
Sun Sentinel
The ''Sun Sentinel'' (also known as the ''South Florida Sun Sentinel'', known until 2008 as the ''Sun-Sentinel'', and stylized on its masthead as ''SunSentinel'') is the main daily newspaper of Fort Lauderdale, Florida, as well as surrounding B ...
'', the ''
Florida Times Union
''The Florida Times-Union'' is a daily newspaper in Jacksonville, Florida, United States. Widely known as the oldest newspaper in the state, it began publication as the ''Florida Union'' in 1864. Its current incarnation started in 1883, when th ...
'', and the ''
Daytona Beach News Journal
''The Daytona Beach News-Journal'' is a Florida daily newspaper serving Volusia and Flagler Counties.
It grew from the ''Halifax Journal'', which was started in 1883. The Davidson family purchased the newspaper in 1928 and retained control unti ...
'', who all recognized Monroe's knowledge of economic matters and expertise in running two federal agencies, and endorsed him in Florida's Republican Senate primary, Monroe lost to
Katherine Harris. Monroe believes that he was hampered in his campaign by the fact that he was challenging the very Florida Secretary of State who ordered cessation of the presidential 2004 campaign vote recount in Florida—ultimately leading to a victory by George Bush over Senator Al Gore.
During his campaign, Monroe implored the Florida Congressional delegation, and wrote numerous articles advocating a federal catastrophic insurance program intended to spread natural disaster risk throughout the US.
Monroe, born in
Detroit
Detroit ( , ; , ) is the largest city in the U.S. state of Michigan. It is also the largest U.S. city on the United States–Canada border, and the seat of government of Wayne County. The City of Detroit had a population of 639,111 at t ...
, has deep roots in the automotive industry. His grandfather, Herbert H. Hills, purchased in 1904 the first Buick ever produced, and held senior positions at Buick and Packard Motor Car Company.
See also
*
Florida United States Senate election, 2006
References
External links
Fuelist
{{DEFAULTSORT:Monroe, Peter
1943 births
Living people
Williams College alumni
Alumni of the University of Oxford
Harvard Law School alumni
Florida Republicans
Florida Independents