March 21, 2017
Tuesday’s Regulatory & Legislative Roundup
- The United States Department of Agriculture (USDA) currently offers some of the lowest mortgage rates in the country. Recently, the government branch added another component to assist with providing Americans with affordable housing. Soon residents of all 50 states will be able to refinance their homes at lower rates.
- The Federal Reserve was examined by Congress’ Monetary Policy and Trade Subcommittee. The committee sought to analyze the agencies practice in balancing America’s financial plans in a more economically forward way. The committee found “‘masking’ of federal reforms and compromise” of the Obama administration which hurt the U.S. economy.