The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 1)
The Stoop (NYU Furman Center)
MARCH 4, 2024
To that end, they turned to lobbying and advocacy to fend off any possible profit-reducing limitations that Congress might impose on them. As an example of their lobbying power, in 2004 and 2005 the George W. 19] It peaked in 2004 at just over $1.6 20] The Federal Reserve Bank’s combined balance sheet in 2006 was just $.81
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