
Policymakers are considering funding to address a surplus of unused housing inventory. The Financial Stability Oversight Council proposes a fund for mortgage firms to access liquidity, potentially shifting risks to taxpayers. Suggestions to prevent bailouts involve allowing run-proof banks to emerge.
From @WSJopinion: The Financial Stability Oversight Council wants to establish a fund that mortgage companies could tap for liquidity, ultimately making taxpayers cover the risks government created https://t.co/cKTu5l5b8v https://t.co/cKTu5l5b8v
From @WSJopinion: To prevent bailouts, the Fed could simply stop blocking run-proof banks from emerging. But that would take political will, write @JohnHCochrane and Amit Seru. https://t.co/OLfMMWRAst https://t.co/OLfMMWRAst
"Preventing Bailouts Is Simple, but It Isn’t Easy" by @JohnHCochrane and Amit Seru via @WSJ https://t.co/ojIlopDiv0


