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White House Could Preempt Congress’ Inaction on GSEs

Two noted economists seem to be holding little hope that Congress will take up in any way changing the status quo of the government-sponsored enterprises (GSEs) before adjourning next January.  However, they say it is an issue on the Trump Administration agenda and they expect the Executive Branch will step into the fray.  In a paper published by the Urban Institute titled GSE Reform is Dead - Long Live GSE Reform, Jim Parrott and Mark Zandi ask, if Congress does fail to address GSE reform, what will the executive branch do with the opportunity?

 

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