Receivership Powers
What Are They and Should Fannie and Freddie's Regulator Have Them?

Since the enactment of a regulatory regime for Fannie Mae and Freddie Mac, their regulator has had only the powers of a conservator. This ordinarily means that the regulator could take control of the two GSEs under certain circumstances, but couldn't--as a receiver could--marshal their assets, pay off their creditors, and close them down. In the regulatory legislation adopted by the Senate Banking Committee last year, the new regulator of Fannie and Freddie was authorized to act as a receiver. But Fannie and Freddie strongly opposed the provision, and their opposition resulted in limitations on the regulator's receivership powers that induced the administration to oppose the bill.

Are receivership powers necessary for Fannie and Freddie's regulator? If so, what elements are essential? And if they are adopted in the new legislation expected this year, will they change the perception in the markets that the two companies will be bailed out by Congress if they encounter financial difficulties? These are some of the questions this conference will address.

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Peter J.
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Tuesday, September 16, 2014 | 5:00 p.m. – 6:00 p.m.
The Constitution as political theory

Please join us for the third-annual Walter Berns Constitution Day Lecture as James Ceasar, Harry F. Byrd Professor of Politics at the University of Virginia, explores some of the Constitution’s most significant contributions to political theory, focusing on themes that have been largely unexamined in current scholarship.

Event Registration is Closed
Wednesday, September 17, 2014 | 8:10 a.m. – Thursday, September 18, 2014 | 1:30 p.m.
Third international conference on housing risk: New risk measures and their applications

We invite you to join us for this year’s international conference on housing risk — cosponsored by the Collateral Risk Network and AEI International Center on Housing Risk — which will focus on new mortgage and collateral risk measures and their applications.

Event Registration is Closed
Thursday, September 18, 2014 | 2:15 p.m. – 3:00 p.m.
Speaker of the House John Boehner on resetting America’s economic foundation

Please join us as Speaker John Boehner (R-OH) delivers his five-point policy vision to reset America’s economy.

Friday, September 19, 2014 | 9:15 a.m. – 11:00 a.m.
Reforming Medicare: What does the public think?

Please join us as a panel of distinguished experts explore the implications of the report and the consumer role in shaping the future of Medicare.

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No events scheduled this day.