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Home » Store » News » House Plan Headed to Floor After Katrina Revision; But Lack of Portfolio Limits Remains Major Challenge

House Plan Headed to Floor After Katrina Revision; But Lack of Portfolio Limits Remains Major Challenge

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A bill that reforms oversight of the government-sponsored enterprises without capping the GSE portfolios is set to move to the House floor, but the legislation still faces stiff opposition from Senate leaders and White House officials. Rep. Michael Oxley, R-OH, chairman of the House Financial Services Committee, and Rep. Richard Baker, R-LA, said the House leadership has taken a favorable view of recent changes made to their bill, H.R. 1461, which would create a new…
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