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Volume 14 - Number 6

March 21, 2014

Experts: Johnson-Crapo Bill Prospects Mixed in Election Year

Most industry observers expect it will be too tall of an order for Congress to finish the difficult task of enacting GSE reform in 2014 amid the high-stakes mid-term elections and with political control of the Senate up for grabs. However, some experts note that lawmakers, both Democrat and Republican, may become more open to compromise and horse trading closer to the end of the year if it means getting legislation to the President’s desk rather than risk starting over next year with a potentially GOP-controlled 114th Congress.

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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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