Unfortunately, including this legislation in the recently passed S. 2155 was not possible due to a number of procedural objections that could not be overcome. However, it is our understanding that the substance of our bill has the support of several FHLBs, and we intend to work with our colleagues, the administration, and FHFA to find sustainable ways for housing-focused entities such as relevant captive insurance companies to participate in the FHLB system. ____________________
Tammy Baldwin: “Unfortunately, including this legislation in the recently passed S. 2155 was not possible due to a number of procedural…”
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