“The only way to close this loophole permanently is legislation,” the Senate minority leader. And a piece of bipartisan legislation currently before Congress, the fix nics 2017 Act, could start to.
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The push for the. had an obligation to fix this ourselves, and while I have no doubt a new Congress could have gotten it done I think we needed to fix the mess," said Sen. Amy Klobuchar, D-Minn.,
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On Fannie, Freddie Reform, Wall Street Is Left of Maxine Waters. Despite the likelihood of a long-drawn legal battle with the government, the investor interest in GSE shares has only grown. On Friday, activist investor bill Ackman’s Pershing Square Capital Management disclosed that it had a roughly 10% stake in Fannie and Freddie common shares.
Corker, Warner seek common ground on housing-finance overhaul Lawmakers started failed 2014 effort to unwind the companies In a bitterly partisan Congress, two senators are making a rare push across party lines to solve a persistent riddle with huge implications for the U.S. housing market: What to do with Fannie Mae and Freddie Mac?
Freddie and Fannie Changes – Single Security Moving. – Freddie and Fannie Changes – Single Security Moving Forward; Upcoming Events. Freddie Mac will focus on increasing liquidity and stability in these markets as well as developing new initiatives, ground-breaking research and consumer education. For more information, read.
· As relations normalize, a group of bipartisan senators say it would be helpful to open up agriculture trade to the country even more. "Trying to find new markets for our producers is just critical," said Republican Senator John Boozman who has supported the bill in past sessions of Congress.
A Fannie-Freddie fix, promised since they were seized by regulators in 2008 and sustained with $187.5 billion in Treasury funds, has taken on increased urgency as the companies face the threat of.
The move was a necessary fix, given that. "This is what we call a bipartisan hearing. and it is my hope that we senators will restrain our habit of lecturing one another about health insurance and.
· Tea Party protestors take aim at Fannie and Freddie. Still, in looking at TARP: Goldman ( GS, Fortune 500) and Morgan Stanley ( MS, Fortune 500) paid back their $10 billion and JP Morgan ( JPM, Fortune 500) likewise on its $25 billion with a total of $4.1 billion in fees and interest paid back to the US Treasury.