Biden’s New Dilemma: How to Slash Housing Costs for Low-Income Borrowers

Politico, July 5, 2021–Katy O’Donnell
President Joe Biden’s move to remove the Trump-era leader of the Federal Housing Finance Agency is triggering calls from fellow Democrats to use the agency to expand access to loans for lower-income people, who have struggled to buy homes since the financial crisis. That’s setting up a clash with Republicans over how far the government should go in shaping an industry that makes up one-fifth of the U.S. economy.