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    Johnson–Crapo Housing Finance Reform Misguided

    Senators Tim Johnson (D–SD) and Mike Crapo (R–ID) recently released their new housing finance reform bill. As expected, the new bill makes the bad features of its Senate companion even worse. >>> Check Out: Johnson–Crapo Housing Finance Reform Misguided The core of both this bill and the one introduced by Senators … More

    Pawlenty Joins the Fight to End Fannie and Freddie

    Two Financial Services Roundtable executives, former Governor Tim Pawlenty (R–MN) and former Navy Secretary John Dalton, have penned an article that highlights the key points in the housing finance reform debate. In particular, the article pointedly calls for an end to the government guarantees of government-sponsored enterprises (GSEs) Fannie Mae … More

    GSE Reform: Eliminate Fannie and Freddie, but Don’t Replace Them

    The President’s State of the Union address overshadowed some very important news relating to housing finance reform. Last Wednesday, Senators Bob Corker (R–TN) and Mark Warner (D–VA) promised to renew efforts to pass a bill they introduced in June 2013 that would close down Fannie Mae and Freddie Mac. It … More

    As Kerry Signs “Less Than Useless” U.N. Arms Trade Treaty, Congress Responds

    Today, Secretary of State John Kerry signed the U.N. Arms Trade Treaty (ATT) on behalf of the United States. The reaction from Congress has been immediate, and rightfully so. In his remarks at the Signing Ceremony, Secretary Kerry offered the usual tired justifications for the treaty, which will supposedly “lift … More

    Government Investigation Reveals Inadequate Security at U.S. Embassies

    Recent testimony has revealed the fragile nature of the security of many American embassies. State Department officials Gregory B. Starr and Bill A. Miller testified that 10 months after the attack that killed four Americans in Benghazi, 15 diplomatic posts in high-threat areas fail to meet safety and security standards. … More

    A Key Voice on Immigration Reform Says No to Amnesty-First Approach

    The Gang of Eight’s amnesty bill passed the Senate by a 68-32 vote, but House Republicans have already declared the nearly 1,200-page bill dead upon arrival. Advocates for the bill say House members will face pressure to follow the Senate’s lead. But conservatives appear ready to stand firm against an … More

    Morning Bell:10 Problems with the Gang of Eight Immigration Bill

    The immigration debate barrels ahead in the Senate this week—and the Gang of Eight wants you to believe it’s a done deal. The media and many Senators have been trumpeting a new amendment to the bill by Senators Bob Corker (R-TN), John Hoeven (R-ND) and Chuck Schumer (D-NY), saying it … More

    U.S. Mortgage Market Reform: Corker–Warner Bill Misguided

    Draft legislation by Senators Bob Corker (R–TN) and Mark Warner (D–VA) would wind down federally sponsored housing finance giants Fannie Mae and Freddie Mac, but it suffers from many of the same problems the system faced over the past two decades. The bill would replace the Federal Housing Finance Agency, … More

    Corker–Hoeven Immigration Amendment: Far from a Game Changer

    It’s been called a both a “game changer” and a major “breakthrough” for the Senate Gang of Eight’s immigration bill (S. 744). In reality, however, the Corker–Hoeven amendment (or perhaps more accurately the Schumer–Corker–Hoeven amendment) is far from a magic solution to our nation’s border security challenges. A new 1,000-plus-page … More

    Farm Bill Uprising: No More Business as Usual

    Members of Congress are listening to you. Yesterday the U.S. House rejected a nearly trillion-dollar food stamp and farm bill — an important victory for taxpayers and a stinging rebuke for the Washington establishment. Sixty-two Republicans bucked their own party to vote against the bloated bill. Coupled with a large … More