‘If not now, when?’ Fed’s Powell on GSE reform

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‘If not now, when?’ Fed’s Powell on GSE reform. 07/06/17. What are you looking for? Your Email: Federal Reserve Board Gov. Jerome Powell stopped short of endorsing any single housing finance reform plan, but called on lawmakers to resolve what he described as the biggest unfinished business of.

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was leaked late last month, but neither lawmaker has put their formal stamp on the legislation and it’s not clear when. Banking Committee] now to try to move to a place where we can get bipartisan.

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‘If not now, when?’ Fed’s Powell on GSE reform National Mortgage News – Federal Reserve Board Gov. Jerome Powell stopped short of endorsing any single housing finance reform plan, but called on lawmakers to resolve what he described as the biggest unfinished business of the crisis.

Shown Here: Introduced in Senate (09/16/2015) Jumpstart GSE Reform Act . Prohibits the use of an increase in the guarantee fee required to be charged by the Federal National Mortgage Association (Fannie Mae), the federal home loan Mortgage Corporation (Freddie Mac), or any affiliate of such organizations (enterprises) to offset an increase in outlays or a reduction in revenues for any purposes.

A top aide to Treasury Secretary Steven Mnuchin who led the Trump administration’s push to reform the government-sponsored enterprises is stepping down, according to people familiar with the matter. Craig Phillips will leave the agency next month, said the people, who asked not to be named because his departure hasn’t been announced publicly.

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Victoria reports here on banks getting a little worried that conservative economist Steve Moore’s elevation to the Fed Board would erode the idea of Fed independence (Moore is on record questioning.

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Federal Reserve Chairman Powell testifies before Congress Fed Chair Powell: GSE reform essential for U.S. economy. they are now getting most of that information from their mobile devices rather than more traditional sources.