[dewilson58]

No explosion of inventory in TV.

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Powell raises an alarm on housing: As the conversation turned to housing affordability, senators heard pointed commentary from the chair, who warned that in "10 or 15 years," there would be parts of the country where residents would be unable to get mortgages as insurers continue to pull out of flood and fire-prone regions that are too expensive to insure — a requirement of most mortgages. Something, Powell added, the Fed has no power to fix.