Trump Eyes Moving U.S. Economy Further Into Crypto Via Mortgages, 401(k)s

Trump Eyes Moving U.S. Economy Further Into Crypto Via Mortgages, 401(k)s

With crypto policy now representing one of President Donald Trump's most concrete achievements in his second term, the White House is reportedly gearing up toward further moves to affix digital assets into a more prominent role in the U.S. economy.Trump is widely expected to soon issue an executive order that calls for American's retirement plans — the 401(k)s that represent a vast segment of U.S. investing — to open further to less traditional …

FHFA Faces Scrutiny Over New Crypto Mortgage Proposal

A group of Democratic senators has asked the head of the Federal Housing Finance Agency (FHFA), William Pulte, to explain his recent decision to explore whether cryptocurrency can be used in mortgage approvals.

Crypto Debate Heats Up As US Lawmakers Question FHFA Home Loan Policy

A new political debate is unfolding as a group of Senate Democrats has officially raised concerns about the growing intersection of crypto and the US housing market. The lawmakers sent a letter to William Pulte, Director of the Federal Housing Finance Agency (FHFA), challenging his recent directive that asks Fannie Mae and Freddie Mac to submit proposals for including unconverted cryptocurrency assets in mortgage underwriting decisions. This mar…

Democrats Question US Housing Finance Agency's Crypto Mortgage Proposal

Democrats Question US Housing Finance Agency's Crypto Mortgage Proposal Five Democratic senators have demanded answers from the director of the Federal Housing Finance Agency (FHFA) regarding his plan to incorporate cryptocurrencies into mortgage risk assessments.

Democrats probe housing regulator over considering crypto in mortgages

Senate Democrats have probed Federal Housing Finance Agency director William Pulte over his order to Fannie Mae and Freddie Mac to consider how they can assess crypto for mortgages.