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In a memo circulated by the Senate Banking Committee Wednesday, staff listed several options for either increasing revenues or cutting spending.

Senate Republicans press FHFA on credit scoring reform

Republican lawmakers on the Senate Banking Committee urged a top federal housing regulator to adjust its implementation of a 2018 law reforming certain credit score practices.

The letter, led by Sen. Tim Scott (R-S.C.), is mostly an attempt to steer the Federal Housing Finance Authority away from a change to how Fannie Mae and Freddie Mac determine credit worthiness.

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Every day at Duke Energy, we’re focused on keeping prices low and supporting growing energy needs across our footprint. From enabling modern energy infrastructure investments to accelerating technology advancements, our progress will not be slowed.

 

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Presented by Duke Energy

Every day at Duke Energy, we’re focused on keeping prices low and supporting growing energy needs across our footprint. From enabling modern energy infrastructure investments to accelerating technology advancements, our progress will not be slowed.

 

Get the full picture