DURBIN, WARREN, MERKLEY SEND LETTER TO FEDERAL HOUSING FINANCE AGENCY CRITICIZING FANNIE MAE’S DECISION TO ACCEPT CRYPTO-BACKED MORTGAGES
Washington, D.C. – U.S. Senate Democratic Whip Dick Durbin (D-IL), Ranking Member of the Senate Judiciary Committee, along with Elizabeth Warren (D-MA), Ranking Member of the Senate Banking Committee, and Jeff Merkley (D-OR), sent a letter to Federal Housing Finance Agency (FHFA) Director William J. Pulte, urging the agency to