Advocacy News

E-News 6-27-25 FEDERAL GOVERNMENT RELATIONS Fannie, Freddie directed to consider allowing cryptocurrency for mortgages Federal Housing Finance Agency Director Bill Pulte directed Fannie Mae and Freddie Mac to prepare proposals to allow cryptocurrency to count as an asset for a mortgage. Read more Powell: Proposal to end Fed interest payments to banks would be ‘challenging’ A proposal to prevent the Federal Reserve from paying interest to banks would neither save the government money nor make more credit available, Fed Chairman Jerome Powell said. Read more FedNow adds risk...
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E-News 6-20-25 STATE GOVERNMENT RELATIONS Braun poised to name new IEDC board next week Gov. Mike Braun is set as soon as Monday to remake the Indiana Economic Development Corp. board of directors. Asked Thursday whether he would keep any of the current IEDC board members in those positions, the governor told reporters, "Don't think so." Read more from State Affairs Advocates urge Braun to convene a commission to tackle the housing crisis More than 700 organizations and individuals have signed a letter calling on Gov. Braun to convene a commission to address Indiana's housing crisis....
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E-News 6-13-25 FEDERAL GOVERNMENT RELATIONS House panel passes 3 industry-backed bills The House Financial Services Committee voted to advance bills to ban trigger leads, change threshold requirements for small bank holding companies and support small financial institutions. The committee voted to advance: The Homebuyers Privacy Protection Act (H.R. 2808), introduced by Reps. John Rose, R-Tenn., and Ritchie Torres, D-N.Y., which would amend the Fair Credit Reporting Act to prohibit a credit reporting agency from selling “trigger leads” when a consumer applies for a residential mortgage. The...
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E-News 6-6-25 STATE GOVERNMENT RELATIONS Stutzman bill would require feds to adhere to 5-point criteria before approving emergency fund Rep. Marlin Stutzman, R-Ind., is set to introduce legislation that would establish guardrails for last-minute funding intended for national emergencies, such as natural disasters, the COVID-19 pandemic or other spending aimed at filling gaps in the appropriations process.  Read more from Fox News Governor says 'new board' coming for IEDC An overhaul could soon be coming to the Indiana Economic Development Corp. board of directors. "I'll be putting...
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