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.
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