When Fed chairman Alan Greenspan recently told the U.S. Senate Banking Committee that the privatization of Fannie Mae and Freddie Mac was his "goal," he put the question of privatization on the table, in a serious way, for the first time in many years. Greenspan’s statement has resulted in many editorial endorsements and significantly increased interest in the media, but it has also raised many important questions: how would something like this be done without disrupting the residential-mortgage market, and what would or could the mortgage-finance system look like after privatization? These questions are answered in the plan developed in an AEI project over the last several months. The plan has now been embodied in legislative language, with a section-by-section analysis and a comprehensive statement of why privatization is necessary. The plan has been reviewed and refined through comments at three previous conferences. In this conference, the final proposal and legislation will be discussed.
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We welcome you to join us as Brown shares her perspective on the role of the courts in seeking educational justice and advocating for continued reform.
AEI welcomes you to this Philanthropic Freedom Project event, in which Novogratz will describe her work investing in early-stage enterprises, what she has learned at the helm of Acumen, and the role entrepreneurship can play in the fight against global poverty.