Published: April 20, 2012
This week, Business Roundtable issued a set of principles to reform housing policy, focusing on how construction and development are financed in the United States, encouraging greater participation by private capital and refocusing the public sector’s role.
In releasing BRT’s principles, Alexander Cutler, Chairman and CEO, Eaton Corporation, and Chair of BRT’s Corporate Governance Committee, said:
Specifically, BRT’s “Principles for Reform of U.S. House Policy” will support the private mortgage market by:
In addition, the principles offer reform of the Government-Sponsored Enterprises (GSEs) by:
BRT CEOs believe we must take action immediately to accelerate and sustain the U.S. housing market. Click here to learn more.
Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies with over $6 trillion in annual revenues and more than 14 million employees. BRT member companies comprise nearly a third of the total value of the U.S. stock market and invest more than $150 billion annually in research and development – nearly half of all private U.S. R&D spending. Our companies pay $163 billion in dividends to shareholders and generate an estimated $420 billion in sales for small and medium-sized businesses annually.
BRT companies give nearly $9 billion a year in combined charitable contributions.