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June 30, 2014

‘Chairman’ Shelby Might be Friendly to GSE Shareholders

By Charles Wisniowski

Sen. Shelby is an Alabama Republican with a populist streak who is no friend of the GSEs, but he may side with shareholders of the two companies who are getting shafted by Treasury “sweeps.”

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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?

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