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
2 The report came about at a time when the FHLBs have been increasingly criticized for neglecting their housing and community development mission and instead using their subsidies and privileges to benefit their financial institution owners and executives. As an example of their lobbying power, in 2004 and 2005 the George W.
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