FHFA withdraws from international climate network and ends sustainable housing committee

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On September 25, the FHFA announced its immediate withdrawal from the Network of Central Banks and Supervisors for Greening the Financial System. The FHFA stated this move was consistent with President Trump’s executive orders and priorities to ensure the agency remains exclusively focused on fostering American homeownership. Earlier in the week, FHFA Director Bill Pulte announced via social media the immediate termination of the FHFA’s Affordable, Equitable, and Sustainable Housing Committee, with the agency instead prioritizing “safety” in the housing market.

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