Washington, DC – March 16, 2026 – The Council of Federal Home Loan Banks today issued the following statement attributable to Council President and CEO Ryan Donovan on the executive orders issued by the White House on Friday, March 13, 2026.
“We appreciate the President’s recognition of the essential role the Federal Home Loan Banks (FHLBanks) play in supporting housing finance and improving mortgage credit affordability and availability in communities across the country. As member-owned cooperatives, FHLBanks provide reliable liquidity to local lenders so they can do what they do best: help families buy homes and strengthen neighborhoods. The Executive Order reinforces the important work already underway by FHFA, HUD and the banking agencies to expand the availability of housing and make it easier for Americans to become homeowners. We look forward to continuing to advance this work in close partnership with regulators and the community-focused financial members that we serve.”
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About: The FHLBanks are 11 regionally based, wholesale suppliers of lendable funds to financial institutions of all sizes and many types, including community banks, credit unions, commercial and savings banks, insurance companies, and community development financial institutions. The FHLBanks are cooperatively owned by member financial institutions in all 50 states and U.S. territories. The steady supply of lendable funds from FHLBanks helps U.S. lenders invest in local needs including housing, jobs, and economic growth. The Council of FHLBanks represents all 11 FHLBanks.
