Jeb Bush: Current housing and debt situation unsustainable

Jeb Bush: Current housing and debt situation unsustainable

Is the clock ticking on the 30-year mortgage?

Senate banking committee passes massive regulatory relief bill

Big implications in legislation for housing and mortgage finance

Existing home sales crater in April, falling 3.3%

Spring buying stalls out after strong March performance
W S

The Financial Stability Oversight Council: A deficit killer?

/ Print / Reprints /
| Share More
/ Text Size+
The Dodd-Frank reform legislation had multiple goals: among them, preventing a repeat of the financial crisis by closing regulatory gaps and, through the Financial Stability Oversight Council it created, identifying and addressing systemic risks before they damage our economy. Spotting the next big issue is critical — but it is both extremely hard to do in itself and, even when threats are identified, it can be difficult to achieve necessary change. Consider, for example, the nation’s debt problem. It’s widely known that the United States has large deficits and spiraling entitlement obligations and is spending at an unsustainable rate. Yet many in Washington continue to kick the can down the road, and the discussion focuses on short-term spending deals merely to avoid a government shutdown. Meanwhile, growing federal deficits threaten price stability, the dollar and, ultimately, economic competitiveness.

Recent Articles by HousingWire Staff

Comments powered by Disqus