While there is an ongoing debate about what caused the 2008 financial crisis, there is little disagreement that the housing market was at the heart of the problem. In the years since the crisis, Congress passed a massive new piece of legislation, the Dodd-Frank Act, and federal financial regulators have been actively issuing new regulations. But what about the government-sponsored housing enterprises, known as Fannie Mae and Freddie Mac? What was their role in the crisis, and what has been done to reduce their potential harm in the future? Join us as we discuss these questions with experts from the policy world and the industry itself.
Financial Crisis and Reform: Have We Done Enough to Fix the Government-Sponsored Enterprises?
Featuring John Allison, Former CEO of BB&T Corporation and former CEO of the Cato Institute; Susan Wharton Gates, Author, Days of Slaughter: Inside the Fall of Freddie Mac and Why It Could Happen Again; R. Christopher Whalen, Chairman, Whalen Global Advisors; and Landon Parsons, Senior Advisor, Moelis & Company; moderated by Ike Brannon, Visiting Fellow, Cato Institute.