The Future of Homeownership in the United States Featuring Bank of America CEO Brian Moynihan
Homeownership has long been synonymous with achieving the “American Dream.” Yet the collapse several years ago of the housing market calls for homeowners, lenders, and the federal government to re-evaluate their expectations and roles to meet the goal of long-term stability, soundness, and fairness in homeownership.
On December 14, the Economic Studies program at Brookings hosted a discussion with Bank of America CEO Brian Moynihan, followed by a panel discussion of industry and policy experts. The discussion focused on the benefits and costs of homeownership and the appropriate role of lenders, investors and government policies, such as tax incentives and housing finance subsidies, to achieve this goal.
Real Estate Correspondent - CNBC
Head of Small Business and Community Development for Global Philanthropy - JPMorgan Chase & Co.
Executive Director - The American Securitization Forum
Senior Policy Advisor, John McCain 2008
Chair, Board of Directors - Center for Financial Services Innovation
I think it's unusual for the chief of staff to go on a trip, particularly on a trip this long. The chief of staff is usually more of a chief operating officer in the White House itself, and normally when your principal—whether it's the president himself or the head of Cabinet agency—goes abroad, you have his deputy and those folks staying behind to help manage operations in his absence.