Sen. Tim Johnson, who is expected to take the gavel of the Senate Banking Committee next year, said he plans to move cautiously, not quickly, to reform the housing finance system. In an interview with American Banker this week about his priorities for next year, the South Dakota Democrat stressed the importance of conducting a thoughtful and exhaustive examination of mortgage finance models and seemed resistant to rushing forward for fear it could disrupt the housing market.
Johnson outlines priorities as next banking chairman
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