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Advocacy Blog
Wednesday, August 02, 2006
Committee Discussion Urges Movement on Senate GSE Bill
A morning Senate Banking committee meeting over a credit rating bill, the talk began with moving along S. 190, Sen. Shelby's bill to reform Fannie Mae and Freddie Mac.
[Sen. Hagel] said the Senate should act on Shelby’s bill (S 190) to overhaul regulation of Fannie and Freddie. That measure was approved by the panel along party lines last summer and has been stalled since.
Panel members seemed more optimistic Wednesday that some kind of a compromise could be reached on that bill in time for Senate passage in September.
Posted by Jennifer Lowe
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