The Stoop (NYU Furman Center)
MARCH 11, 2024
More recently, as part of the FHFA’s review, its director said in public that the FHLB System did benefit from the implied guarantee, saying out loud what everyone already knew. 18 It is worth noting that the Congressional Budget Office (CBO), from time to time, estimates the value of the subsidies to the FHLB system.
The Stoop (NYU Furman Center)
MARCH 4, 2024
7 Additionally, GSE subsidies and privileges are crafted to largely avoid showing up as a federal budget expenditure, thus avoiding competing with other priorities for scarce tax dollars. In 2003, Franklin Raines, the highly visible CEO of Fannie Mae at the time, received compensation of $17.1 More political than commercial.
Public Policy Blog
JANUARY 3, 2014
While those grievances shared a common theme: discontent with the power of corporations and alarm that the economic future of a broad swath of the population appears in jeopardy this only proves that OWS tapped into widespread public discontent. There is no guarantee of public policy change as a result of powerful new social movements.
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