November 24, 2021 | Financial Markets
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FHFA’s proposed rulemaking improves the usefulness of the risk-weighted capital analysis introduced in an earlier proposal to establish minimum capital requirements for the enterprises. Nevertheless, it requires that FHFA assume that its models can anticipate and accurately measure shifting risks within a highly dynamic market, which too easily misleads the public regarding the enterprises’ financial resiliency. This public interest comment, while recognizing improvements to the proposal, offers several recommendations to strengthen it further for judging the enterprises’ capital and financial strength.
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November 24, 2021 | Discourse Magazine
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Politics, and in particular hard-left “wokeness,” is infecting American medicine’s bloodstream. The danger cannot be overstated. It threatens medical professionals, patients, medical science and America’s civic life. Like so many societal pathologies, this one seems to have turned septic during the COVID-19 pandemic. The most prominent symptom is a newly released document that is at once laughable and terrifying.
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November 23, 2021 | Land Use Regulations
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The policies embodied in H. 298 reflect the rising trend of state laws around the country that reframe local zoning authority with the intent of expanding housing supply. The United States, and Massachusetts especially, need more homes. The steady rise of prices and rents reflect a decade of underproduction nationally, and decades of underproduction in eastern Massachusetts. Increasing the supply of new housing would slow the rise of rents and home prices, reduce residential segregation, and expand opportunity for thousands of citizens.
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November 22, 2021 | Discourse Magazine
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Afunny thing happened on the way to the world of driverless vehicles: No one created any formal rules of the road to govern them. Many industry insiders predicted that Congress would implement a federal framework by now, but years of wrangling have led to nothing.
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