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

Fed’s Powell on GSE reform national mortgage news, July 6, 2017–John Heltman, Kate Berry (subscription) Federal Reserve Gov. Jerome Powell, who heads the agency’s supervisory committee, called on lawmakers Thursday to move more quickly in crafting legislation to reform the government-sponsored enterprises, saying that "we’re almost at a now-or.

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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.

McWatters to Cordray: Go away | FinReg & Policy Watch – ‘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.

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That either GSE. is not economical. Powell said Congress has thus far failed to enact several promising initiatives, but "the air is again thick with housing finance reform proposals." Considering.

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During negotiations over the bill to reform the government sponsored enterprises (GSEs) that was recently passed out of the Senate Banking Committee, some stakeholders and policymakers argued that the better course was to pursue long term GSE reform administratively. In this commentary, Jim Parrott explains why that cant be done.

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