The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)
The Stoop (NYU Furman Center)
MARCH 11, 2024
billion for fiscal 2024. 36 However, with a properly designed GSE Board in place, a public-private hybrid GSE can be a practical and reasonable vehicle to achieve public policy objectives over the long term. It did so, for example, in 2004 to cover the budget year 2003, when its estimate was $3.2 More political than commercial.
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