Tennessee U.S. Senator and member of the Senate Banking Committee Bill Hagerty (R-TN) led the Republican members of the Senate Banking Committee on Tuesday in sending a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson in opposition to the agency’s racial equity housing plans, which encourage discrimination based on race.
“Yesterday, I led my Senate Banking Committee GOP colleagues in sending a letter to FHFA Director Sandra Thompson calling out racial equity housing plans that encourage discrimination on the basis of race, rather than focusing on ensuring the safety and soundness of Fannie Mae and Freddie Mac,” Hagerty said.
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