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Home » Store » GSEs » Experts: Hensarling’s PATH Act Should Tighten Utility Oversight; Lack of Democrat Input a ‘Non-Starter’

Experts: Hensarling’s PATH Act Should Tighten Utility Oversight; Lack of Democrat Input a ‘Non-Starter’

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Both supporters and detractors of a House Republican bill aimed at comprehensive mortgage finance reform told members of the House Financial Services Committee this week the proposal has room for improvement, but the author of the proposal is pulling out all the stops to get the legislation on the fast track despite a nearly complete lack of bipartisan support. This week’s hearing, called by Rep. Jeb Hensarling, R-TX, committee chairman and author of the Protecting American Taxpayers and Homeowners Act, was designed to gather input on the bill with an eye toward marking up the PATH Act before the House adjourns for its August recess. The bill would put...
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