Statement by the Press Secretary on Housing Finance Reform
by The White House
The Administration welcomes today's strong bipartisan vote in support of the Housing Finance Reform and Taxpayer Protection Act of 2014 through the Senate Banking Committee. Today’s vote is an important step toward achieving a more sustainable housing finance system that helps protect the American dream of homeownership, and we applaud Chairman Johnson, Ranking Member Crapo and Senators Corker and Warner for their leadership on this issue. Today’s vote marks important progress toward completing one of the biggest remaining pieces of post-Recession reform of the financial system.