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  • mel watt

    Focus on Eliminating Housing GSEs, Not Giving Them a Duty to Serve

    As Congress continues to delay shutting down the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, affordable housing advocates are ramping up the pressure on the federal government to fund “housing for the poor.” These groups may have good intentions, but their way of thinking is typical of the dangers … More

    Will the Federal Housing Finance Agency Forgive Borrowers’ Debts?

    Today Representative Mel Watt (D–NC) assumes his position as director of the Federal Housing Finance Agency (FHFA), which manages the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. Acting director (since 2009) Ed DeMarco’s departure could mark just the beginning of several key policy shifts at the FHFA, such as … More

    House Leaders Dangerously Close to Leaving Ethics Panel Inoperable

    House Minority Leader Nancy Pelosi (D-CA), who has faced allegations of financial conflicts-of-interest, is slow-walking the extension of a key congressional panel charged with rooting out official wrongdoing. The Washington Examiner reports that Pelosi has not said when she will nominate members for the Office of Congressional Ethics (OCE). Four … More