'Americans aren't serfs,' says RepRoKhanna. So why does Wall Street keep treating them like they are?
when large firms were given access to trillions in low- or zero-interests dollars over the last decade and as regulators at the Department of Housing and Urban Development and the Federal Housing Finance Agency offered subsidies via federal programs such as Fannie and Freddie. In 2015, Sen. Elizabeth Warren was among those blowing the whistle by telling HUD that it had no business colluding with Wall Street in such a way.
Khanna said that with 25 percent of single-family homes in the U.S. being bought up by profit-seeking investors, these firms are"hurting the American dream of home ownership" and the economy overall.
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