Rep. Maloney Lauds President’s Call for Housing Finance Reform as Long Overdue
WASHINGTON – Congresswoman Carolyn Maloney (NY-12), Ranking Member of the House Subcommittee on Capital Markets and Government Sponsored Enterprises (GSE), released the following statement in reaction to President Obama’s call for housing finance reform in the 2014 State of the Union Address.
“I applaud President Obama’s call for legislation that will keep the dream of homeownership alive for future generations of Americans while protecting taxpayers from another bailout of Fannie Mae and Freddie Mac. GSE reform is long overdue and it’s time for Democrats and Republicans to work together to get a serious, bipartisan plan to the President’s desk. I plan to do everything I can to make that happen.”