"For the love of money is the root of all evil.” 1 Timothy 6:10(a) (KJV).

My name is Abraham Hamilton, III and this is The Hamilton Minute.

34 state financial officers representing 27 states shared their deep concern with the new Federal Housing Finance Agency policy that has just gone into effect in a letter sent to Mr. J. Robinette Biden and Sandra Thompson, director of the agency.

The letter says argue that this new policy absurdly makes it more expensive for people with good credit to buy houses. Americans who’ve built a good credit score and saved enough to make a strong down payment should not be penalized and forced to pay more to own a home.

This financial Frankenstein is brought to you by DEI.