Former U.S. Senator Christopher "Kit" Bond (R) listens as James Bullard, President and Chief Executive Officer at the Federal Reserve Bank of St. Louis answers questions at the Bipartisan Policy Center's BPC Regional Housing Forum in St. Louis on June 5, 2012. The Policy Center's housing commission aims to reform the nation's housing policy that will respond to near and long term challenges facing the housing sector. UPI/Bill Greenblatt