A conservative nonprofit is asking federal housing, financial, and environmental regulators to sever ties with the First Street Foundation, escalating a growing fight over the use of private flood-risk models and insurance.
In a letter dated October 16, Consumers’ Research Executive Director Will Hild urged multiple federal agencies—including the Federal Housing Finance Agency (FHFA), Environmental Protection Agency (EPA), NASA, and Consumer Financial Protection Bureau (CFPB)—to “publicly renounce or suspend any partnership language and implied endorsements that lend federal imprimatur to First Street Foundation and its affiliated public-benefit corporation, First Street Technology.”
