Op-Eds Did Congress just settle for less than best plan to reform housing finance?
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) has long worked to move the American housing finance sector toward private and competitive markets and away from the distortions and disasters of government guaranteed debt, with its attendant huge risks pushed on to the taxpayers.
His previous policy direction, exemplified in his sponsorship of the Protecting American Taxpayers and Homeowners Act, was the correct one, both economically and philosophically.
[Read the rest of the op-ed over at The Hill.]
Image credit: Jiffy Avril
