Treasury Heightens Focus on Affordable Housing, Supply Shortages
Emphasizing the importance of housing policy to Treasury and thus by inference also to FSOC, Deputy Treasury Secretary Adeyemo today posted an article advancing housing provisions in the American Jobs Plan.
Fair Lending Bill Fails Under Suspension
Rep. Torres’ (D-NY) bill to expand ECOA to cover LGBTQ-owned businesses (H.R.1443) failed 248-177 to pass the House under suspension last night although it was reported by HFSC on a voice vote.
Banking GOP Renew Attack on Fed “Mission Creep”
Senate Banking Republicans today released a statement highlighting a letter published by forty-two economists emphasizing Ranking Member Toomey’s (R-PA) concerns that the Fed is straying outside its mandate by engaging in environmental and social policy.