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Home » Store » News » GSE Reform Is Top Priority for Senate Banking, But There’s No Sign of Movement in ‘04 Logjam

GSE Reform Is Top Priority for Senate Banking, But There’s No Sign of Movement in ‘04 Logjam

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Lawmakers are set to move forward with their effort to overhaul oversight of the government-sponsored enterprises, but it’s likely that reformers will meet with strong opposition from GSE supporters over receivership authority and capital control – among other issues. Sen. Richard Shelby, R-AL, chairman of the Senate Banking, Housing and Urban Affairs Committee, said this week that his main priority this session will be to create a new regulator for Fannie Mae, Freddie Mac, and…
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