News

Weekly Talking Points March 6th

March 6, 2023

  • China has emerged as a bipartisan foe in Congress. Several high profile hearings this week demonstrate lawmaker intentions to take action on the geopolitical threat. Read more here. 
  • Rent control is on the docket in Boston, but state law bans cities from enacting rent caps on their own. The bill would cap annual rent increases at 6%+ CPI to a maximum of 10%. Read more here. 
  • ESG is in the crosshairs as the House and Senate voted to disapprove a Department of Labor regulation that allows ERISA plans to consider ESG factors in their investments. President Biden is expected to veto the bill, but the passage in Congress highlights ESG will continue to be a GOP punching bag. Read more here. 
  •  The CFPB’s funding source will be a topic before the Supreme Court, but not until its fall term starts in October. And even then, subjecting the agency to the Congressional appropriations may not be a huge policy shift in practice. Read more here. 

Contact 

David McCarthy
Managing Director, Head of Policy
202.448.0855
dmccarthy@crefc.org
The information provided herein is general in nature and for educational purposes only. CRE Finance Council makes no representations as to the accuracy, completeness, timeliness, validity, usefulness, or suitability of the information provided. The information should not be relied upon or interpreted as legal, financial, tax, accounting, investment, commercial or other advice, and CRE Finance Council disclaims all liability for any such reliance. © 2023 CRE Finance Council. All rights reserved.

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