Ricochet is the best place on the internet to discuss the issues of the day, either through commenting on posts or writing your own for our active and dynamic community in a fully moderated environment. In addition, the Ricochet Audio Network offers over 50 original podcasts with new episodes released every day.
In this AEI Events Podcast, Jay Powell of the Board of Governors of the Federal Reserve System joins AEI’s Stephen D. Oliner to discuss the critical need to reform the housing finance system. During his remarks, Governor Powell emphasizes the potential systemic risk from a housing finance system that continues to be dominated by two large institutions, Fannie Mae and Freddie Mac, both of which remain in conservatorship today.
He also identifies a set of principles that should guide reform efforts, without favoring one specific plan over others. Governor Powell concludes by highlighting the need to move forward with the best feasible plan that would draw bipartisan support instead of holding out for the perfect solution.
This event took place on July 6, 2017.
Subscribe to AEI Events Podcast in Apple Podcasts (and leave a 5-star review, please!), or by RSS feed. For all our podcasts in one place, subscribe to the Ricochet Audio Network Superfeed in Apple Podcasts or by RSS feed.