Rep. Van Taylor Is Against Bailouts for Everyone But His Own Industry
Texas Rep. Van Taylor has voted against aid for renters and student debtors. Yet the real estate mogul is now using his office to pressure the government into giving his commercial real estate industry a bailout.

Rep. Van Taylor (R-TX) listens during a hearing on the Treasury Department’s and Federal Reserve’s pandemic response at the US Capitol on September 22, 2020 in Washington, DC. (Caroline Brehman / Getty Images)
Facing a tough reelection battle in a newly competitive district, Texas Republican Rep. Van Taylor has brandished his conservative bona fides by taking hard-line stances against legislation to forgive some student debt and to provide assistance for renters facing eviction during the pandemic.
Taylor’s fiscal conservatism, however, has not extended to the real estate industry, which is not only his largest campaign donor but which he is personally invested in. Taylor, a real estate mogul, has pressured federal regulators to funnel cash to commercial real estate companies, and he has authored legislation that would create a bailout fund for his industry and direct the government to guarantee riskier commercial real estate loans.
In a press release, Taylor touted his legislation, which has been cosponsored by an array of finance-friendly Democrats, as a way to provide “flexibility and support” for the commercial real estate sector, designed to “keep their doors open, drive their local economies, and support families across the country.”