The US Treasury will meet with domestic and international insurance regulators beginning in April to assess emerging risks in the private credit sector, aiming to address increasing market stress and recent bankruptcies. The meetings reflect...
Read MoreOn March 13, President Trump issued two executive orders aimed at easing the nation’s housing crisis, with a focus on boosting supply by cutting regulations and expanding access to lending by loosening lending rules for community banks. Just one...
Read MoreThe latest bipartisan effort to increase affordability in the housing market includes a requirement for large single-family institutional investors to sell newly built homes within seven years. Trade groups such the National Association of Home...
Read MoreOn March 2, the Senate voted 84-6 to invoke cloture on its newest housing legislation, allowing the upper chamber to move ahead with a vote to approve the entire package and send to the House....
Read MoreDemocratic lawmakers, led by Senator Elizabeth Warren (D-MA), wrote to the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) to withdraw a recent proposal that would eliminate ‘reputation...
Read MoreLawmakers are pushing back against the Administration’s pressure to include an institutional investor ban in either of the two recent bipartisan housing proposals. Hesitation stems from a lack of guidelines defining a “large institutional investor”...
Read MoreOn December 2, the House Financial Services Committee held a hearing, entitled “Oversight of the Prudential Regulators”, with 18 Republicans and 16 Democrats attending. There was notable interest in the Federal Reserve Vice Chair for...
Read MoreDemocrats oppose a potential sale of the federal government’s student loan portfolio. A letter, signed by over 40 Democrats, was sent released on November 17, led by Sen. Elizabeth Warren (D-MA), Sen. Bernie Sanders (I-VT) and...
Read MoreSenate Banking Committee (SBC) Democrats sent a letter to financial regulators asking them to conduct further cost-benefit analyses before finalizing any changes to the enhance supplementary leverage ratio (eSLR). Senate Democrats stated that eliminating the eSLR will not...
Read MoreOn June 24 and 25, Federal Reserve Chair Jerome Powell testified before the House Financial Services Committee and the Senate Banking Committee. In both hearings, Chair Powell touched on similar themes such as challenges in...
Read MoreOn June 5, Senate Democrats sent a letter to Federal Housing Finance Agency (FHFA) Director Bill Pulte outlining their concerns regarding GSE privatization and detailing how sudden changes could exacerbate the existing housing crisis by...
Read MoreThe upcoming reconciliation bill – known as “One, Big, Beautiful Bill” by White House staff -- includes language that would create an above-the-line tax deduction on car loan interest up to $10,000. If passed, this...
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