Fed Governor Powell: Here are 5 principles for housing finance reform

While the Federal Reserve might not be charged with housing finance reform, it does not mean it’s immune from the effect of the ultimate reform options that are put in place, Federal Reserve Governor Jerome Powell said in a speech on Thursday. To Powell, the key to housing finance reform is to apply the lessons of banking reform to housing reform and to finally address the risks to taxpayers and the broader economy and financial system.

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