Jason Gold

Jason Gold is the director of the Progressive Policy Institute’s “Rebuilding Middle Class Wealth Project” and senior fellow for financial services policy.


Op-eds and Articles

By / 7.30.2015

The Highway Trust Fund is a good first step to funding infrastructure, but private investment is key. Before we celebrate pending congressional action over funding for the Highway Trust Fund – be it a short-term deal now or long-term deal later – consider that the United States needs about nine times that amount annually to […]

Op-eds and Articles

By / 10.23.2013

After the country (and the world) witnessed the debacle of the government shutdown, most Americans are now convinced there isn’t a thing policymakers in Washington truly agree on. Only the threat of a global economic calamity in the form of a debt ceiling breach forced Congress to agree on reopening the federal government. But while […]

Op-eds and Articles

By / 9.25.2013

Last week, JP Morgan Chase settled with regulators in both the United States and United Kingdom over massive losses suffered in the 2012 “London Whale” trading fiasco. Chase, America‘s largest bank, fessed up to wrongdoing and agreed to pay a stiff $920 million fine. As part of the agreement, regulators agreed not to pursue further […]

Op-eds and Articles

By / 9.17.2013

Five years ago this week, a collapsing housing bubble plunged America into its worst financial crisis since the Depression. Wall Street’s near meltdown midwifed both the tea party and the Occupy movement, and triggered a bitter debate about the big banks that continues to this day. The ongoing controversy over whether we have solved or […]


By / 9.10.2013

U.S. housing officials are preparing to reduce the government’s abnormally large footprint in mortgage markets, one of the most visible remaining legacies of the subprime lending crisis. It’s the right move at the right time. The Wall Street Journal reported Monday that the Federal Housing Finance Authority will order Fannie Mae and Freddie Mac to […]

Op-eds and Articles

By / 8.28.2013

Last week, I argued against Congressional proposals to “get government out of housing” by killing government backed mortgage firms Fannie Mae and Freddie Mac. Now comes fresh evidence that buttresses my view that the private sector just isn’t ready to take up the slack if the two mortgage giants are eliminated. This week, Redwood Trust, one of […]

Op-eds and Articles

By / 8.21.2013

It appears that Washington is finally getting around to grappling with the largest unresolved question left over from America’s housing meltdown: What’s to become of the government-backed mortgage giants, Fannie Mae and Freddie Mac? Their fate has been in limbo since the federal government bailed them out and put them in conservatorship in 2008. Now, […]


By / 8.9.2013

On Thursday, Zillow released its quarterly Home Price Expectations Survey showing forecasters expect the website’s Home Value Index to end 2013 with prices up 6.7%. The numbers surveyed from 106 real estate experts across the country (I am a panel member), showed a significant jump from the 5.4% reported by the survey last quarter. While […]

Op-eds and Articles

By / 8.5.2013

As the housing sector continues its apparent recovery, some U.S. lawmakers are turning their attention to a looming crisis in the commercial real estate market, which is threatened by an avalanche of debt as loans made during the heady days of the early aughts start coming due over the next five years. Reps. Kevin Brady, […]

Op-eds and Articles

By / 7.23.2013

Following a half-century of economic decay and depopulation, there was a tragic inevitability to Detroit’s decision last week to declare bankruptcy. Motown must now restructure $18 billion in debt owed to 100,000 creditors and bondholders, deciding who gets paid, how much and when. That’s the plan to deal with Detroit’s past. But what about a […]