BREAKING NEWS – Washington, D.C. – Senate Republicans accused the Biden administration’s Federal Housing Finance Agency (FHFA) of playing politics with the U.S. housing market by forcing people with good credit to subsidize high-risk mortgages, and warned that doing so would put individual homebuyers and the entire market in danger.

“Why should people with good credit get all of the best deals,” explained Biden. “People who wrecked their credit by living above their means and squandered their savings, should not be treated as second class citizens. Thus, I feel people who are good at managing money, should pay a price for their financial arrogance. That levels the playing feel… I think.”