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Chairman Hensarling: A taxpayer-friendly alternative to Fannie Mae and Freddie Mac

| Posted in Member Corner

Chairman Hensarling Op-Ed | August 27, 2013 Soon we will mark the fifth anniversary of the financial crisis that wrecked our economy, left millions of Americans unemployed and from which we have yet to recover.  From a public policy perspective, the great tragedy of the financial crisis was not that Washington failed to prevent it, but…

Mortgage Makeover: It’s time to fix Fannie Mae, Freddie Mac

| Posted in Member Corner

Editorial | August 16, 2013 It’s not often that Republican Rep. Jeb Hensarling of Dallas and President Barack Obama read from the same script. We’re pleased they are doing just that when it comes to clipping the wings of Fannie Mae and Freddie Mac. Fannie and Freddie were created to make sure that the secondary mortgage market is liquid and…

Weekend Must Reads

| Posted in Member Corner

Sen. Phil Gramm and Mike Solon | The Clinton-Era Roots of the Financial Crisis Affordable-housing goals established in the 1990s led to a massive increase in risky, subprime mortgages. Caroline Baum | Krugman Tries to Bury Friedman, Buries Himself It’s good that Milton Friedman is dead, because for the past week Paul Krugman has been trying to kill him off…

Chairman Hensarling Delivers Keynote Address on the PATH Forward for a Sustainable Housing Finance Policy

| Posted in Press Releases

Financial Services Committee Chairman Jeb Hensarling (R-TX) will be the keynote speaker at the Bipartisan Policy Center Housing Commission’s Public Forum on Wednesday, August 13. Chairman Hensarling will discuss legislation to build a sustainable housing finance system – the Protecting American Taxpayers and Homeowners Act (the PATH Act). The committee approved the PATH Act last month.

Chairman Hensarling on NTU's "Speaking of Taxpayers" Podcast

| Posted in Member Corner

Chairman Hensarling said taxpayers will “never ever, ever again be called upon to bail out Washington for irresponsible housing policies” if the Financial Services Committee’s sustainable housing finance reform bill becomes law. The Chairman’s comments came during a discussion of the bill – the Protecting American Taxpayers and Homeowners Act (the PATH Act) – on “Speaking of Taxpayers,”…

The PATH to a Sustainable Housing Finance System for the 21st Century

| Posted in Member Corner

House Republicans are hard at work reforming America’s housing finance system so it’s sustainable for home owners, respectful of hard-working taxpayers, and built to last. Today – more than five years after the financial crisis and three years since the passage of the Dodd-Frank Act – President Obama delivered a speech outlining his principles for housing finance reform.  While it’s…

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