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January 9, 2014

Trade Groups Once Again Urge Congress Not to Tap G-Fees for Budget Offsets

By Charles Wisniowski

This time around, Congress is considering tapping Fannie/Freddie g-fees as lawmakers look toward an extension of unemployment benefits, which expired on December 31.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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