But how can the EU press ahead with the integration of its capital markets? This is the second question I would like to address. Since the start of the project in 2015, it has been clear that establishing a capital markets union is a complex mission, and also a multidimensional and long-term effort.
The Congress can take another important step to facilitate greater use of loan modifications by moving quickly to reconcile and enact FHA modernization legislation permitting the FHA to increase its scale and improve the management of potential risks borne by the government.