Norbert Michel studies and writes about housing finance, including the reform of Fannie Mae and Freddie Mac, as The Heritage Foundation’s research fellow in financial regulations. Read his research.
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Last week, Chairman Dave Camp (R–MI) outlined a new reform proposal that included a punitive tax on some of the largest banks in the U.S…. Read More
Two Financial Services Roundtable executives, former Governor Tim Pawlenty (R–MN) and former Navy Secretary John Dalton, have penned an article that highlights the key points… Read More
President Obama said something truly great in his State of the Union Address this year. He told Congress: [S]ince the most important investment many families… Read More
The U.S. government is simultaneously trying to shut down a legitimate industry and replace it with a taxpayer backed version. Pretty much everyone has heard… Read More
Affordable housing groups are hoping that new Federal Housing Finance Agency (FHFA) director Mel Watt will reverse course and finally fill two national housing trust… Read More
In spite of aggressive expansionary Federal Reserve policies and several rounds of fiscal stimulus since 2007, the U.S. economy has yet to take off. Nonetheless,… Read More
Today Senators John Cornyn (R–TX) and Pat Toomey (R–PA) introduced the Taxpayer Protection and Responsible Resolution Act to begin repairing some of the damage caused… Read More
The Federal Reserve, the U.S. central bank, is surrounded by as much controversy today as it was at its creation 100 years ago. The Fed… Read More
A newly released book, The Mortgage Wars, aims to rewrite history and absolve Fannie Mae and Freddie Mac of having any part in the financial… Read More
Five financial regulatory agencies have completed the final rules to implement the Volcker Rule, a regulation required by the Dodd–Frank bill that is supposed to… Read More
Slate seems to have picked up on a classic regulatory problem that relates to the (still being finalized) version of the new Volcker Rule. The… Read More
George Selgin has a new post on the Free Banking Blog that highlights the economic quandary the Fed now has the U.S. in. The post… Read More
Despite some efforts this year to improve its financial position, the Federal Housing Administration (FHA) will reportedly seek a bailout from the federal government to… Read More
It’s easy to get distracted with news like the guessing game of who will replace Ben Bernanke. But the more important issue is: What is… Read More
As Congress contemplates legislation to end Fannie Mae and Freddie Mac, the government agency running their operations is trying to make that task easier. However,… Read More
As legislation moves through Congress to address the fate of Fannie Mae and Freddie Mac, the Federal Housing Finance Agency (FHFA) has indicated it will… Read More
As Congress continues to deal with the “too big to fail” issue, it would do well to recognize that bankruptcy does not automatically equate with… Read More
