So is it fair to say that, economically, there are no real assets backing up the certificates in the trust fund and the existence of the trust fund does not have any impact whatsoever on the overall ability of the Federal Government to honor its commitments?
Toomey questions the real value of the trust fund in government commitments.
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As I've said before, Government, and especially this Administration, have often been the problem, not the solution, when it comes to housing.
We owe it to each customer to get to the bottom of the FTX implosion, and any violations of the law should be aggressively prosecuted.
Congress can and should offer a sensible approach for the domestic regulation of these activities.
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