Federal Home Loan Banks Reward Executives While Shortchanging the Public
The Federal Home Loan Banks (FHLBanks) were chartered by Congress to help support essential liquidity in our housing markets – not to enrich their executives. Yet in 2024 alone, no less than 31 FHLBank executives earned over $1 million, while the 11 FHLBank Presidents took home a staggering average compensation of $2.3 million each. CFA … Continued