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CNBC Television
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Rep. French Hill Discusses Bipartisan Housing Bill, Trump's Stock Trading
In this video, Representative French Hill discusses the fate of a bipartisan housing bill and President Trump's stock trading activity. Hill, the Financial Services Committee Chairman, expresses concerns about a provision in the Senate's 21st Century Road to Housing Act that mandates the sale of government-backed mortgages to institutional investors. He argues that this provision could disrupt capital flows into housing and is not supported by both sides of the aisle in the House. Hill also addresses President Trump's stock trading activity, stating that he believes the president and vice president must comply with the Office of Government Ethics regarding their investments. He suggests that a blind trust might be the best policy for maintaining integrity but defers to the office's rules and parameters.