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Mike Rounds: “It'll also provide more opportunities for people that want…”

Featuring: Mike Rounds, Republican | U.S. Senate South Dakota

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Rounds Discusses Warsh Hearing on CNBC

Published | Video Starts at 03:16

It was great news. It impacts people that literally live in low income housing across the country. It'll keep rates down for them in terms of rental costs. It'll also provide more opportunities for people that want to develop housing to be able to do it in a more efficient manner. That's an impact. You know, it's one thing we'd love to have inflate or inflation come down and have interest rates on 30 year mortgages come down. (03:16–03:23)

CLAIM

Asserts that the housing bill will facilitate more efficient housing development.

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