On the recordNovember 30, 2011
But when we are talking about Federal policy, subsidizing a $500,000 house is very different than helping somebody who is trying to get--
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congress.govBut when we are talking about Federal policy, subsidizing a $500,000 house is very different than helping somebody who is trying to get--
McHenry discusses the differences in federal policy regarding housing subsidies.
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FSOC's purpose is straightforward: to identify risks that could impact our financial stability; to promote market discipline by eliminating expectations of bailouts; and to respond to emerging threats.