Nov. 14, 2018
ICBA met with Mark Calabria, chief economist to Vice President Mike Pence, to discuss housing-finance reform. ICBA and other financial services groups told Calabria there is a strong consensus on the need to adequately capitalize Fannie Mae and Freddie Mac, minimize disruptions to the system, and preserve access to the secondary market for financial institutions of all sizes.
While the debate over housing-finance reform and the government-sponsored enterprises is expected to continue during the next Congress, the Trump administration can itself advance many community bank priorities. ICBA will continue working with Congress and the administration on GSE reform.