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Biden Utility Housing Policy – Jared Bernstein

Summary:
The White House Council of Economic Advisors member, Jared Bernstein, outlines Biden's housing policy and why housing finance reform has come full circle from trying to get rid of Fannie and Freddie to keeping them and converting them into utilities, but making sure that they serve their purpose as utilities; and better regulating them so that they aren't being run like they have a hedge fund on the top of them.

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The White House Council of Economic Advisors member, Jared Bernstein, outlines Biden's housing policy and why housing finance reform has come full circle from trying to get rid of Fannie and Freddie to keeping them and converting them into utilities, but making sure that they serve their purpose as utilities; and better regulating them so that they aren't being run like they have a hedge fund on the top of them.
Jared Bernstein
Jared Bernstein joined the Center on Budget and Policy Priorities in May 2011 as a Senior Fellow. From 2009 to 2011, Bernstein was the Chief Economist and Economic Adviser to Vice President Joe Biden, Executive Director of the White House Task Force on the Middle Class, and a member of President Obama’s economic team. Prior to joining the Obama administration, Bernstein was a senior economist and the director of the Living Standards Program at the Economic Policy Institute, and between 1995 and 1996, he held the post of Deputy Chief Economist at the U.S. Department of Labor.

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