Top Senate Banking Committee Dem, GOP Bullish on GSE Reform
December 20, 2013
The top Democrat and Republican of the Senate Banking, Housing and Urban Affairs Committee admitted last week they will not make their ambitious deadline of clearing a housing finance reform bill by the end of this year, but the senior lawmakers said they remain bullish on moving legislation to the Senate floor sooner rather than later in 2014. Speaking at a Bipartisan Policy Center event, Committee Chairman Sen. Tim Johnson, D-SD, blamed a couple of curveballs, including the 16-day government shutdown, for falling short of his and Idaho Republican Mike Crapos self-imposed deadline announced in September. He also noted his panel held 12 hearings on housing reform this year, including the final one last week.