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Volume 14 - Number 8

April 18, 2014

Growing Opposition to Senate GSE Reform Bill Could Delay Markup

While Congress is halfway through its two-week Easter/Passover recess, political pressure continues to build against the Senate’s bipartisan housing finance reform legislation, leading to growing doubt whether the scheduled markup of the bill will occur as scheduled later this month. At the moment, the Senate Banking, Housing and Urban Affairs Committee has only the bare minimum majority of 12 of the 22 committee members pledged to support the GSE legislative reform bill crafted by Chairman Tim Johnson, D-SD, and Ranking Member Mike Crapo, R-ID.

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