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Government, Industry Need 'Partnership' to Address Affordability Concerns, Says Alsobrooks - Balance of Power
May 4, 2026 Latest Videos from Bloomberg Radio
Democratic Senator Angela Alsobrooks said the government and private industry need to work together to address longstanding hurdles to creating generational wealth, including the increasingly high barriers to home ownership. Talking live from the Milken Global Conference, Alsobooks said that she is open to hearing ideas from 'all sides,' including leaders in business and finance. Alsobrooks also discussed the status of stablecoin legislation in the Senate, saying that the bipartisan compromise bill she has worked on with Senator Thom Tillis is aimed at allowing innovation while protecting community banks.
Democratic Senator Angela Alsobrooks said the government and private industry need to work together to address longstanding hurdles to creating generational wealth, including the increasingly high barriers to home ownership. Talking live from the Milken Global Conference, Alsobooks said that she is open to hearing ideas from 'all sides,' including leaders in business and finance. Alsobrooks also discussed the status of stablecoin legislation in the Senate, saying that the bipartisan compromise bill she has worked on with Senator Thom Tillis is aimed at allowing innovation while protecting community banks.