GSE Review and Reform Act of 2016

1/11/2023, 1:32 PM

Congressional Summary of HR 5505

GSE Review and Reform Act of 2016

This bill amends the Consumer Financial Protection Act of 2010 to require the Department of the Treasury to make annual studies (currently, just one) of specified options for ending the conservatorship of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), while minimizing the cost to taxpayers.

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Current Status of Bill HR 5505

Bill HR 5505 is currently in the status of Bill Introduced since June 16, 2016. Bill HR 5505 was introduced during Congress 114 and was introduced to the House on June 16, 2016.  Bill HR 5505's most recent activity was Referred to the House Committee on Financial Services. as of June 16, 2016

Bipartisan Support of Bill HR 5505

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5505

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

Government corporations and government-sponsored enterprisesGovernment studies and investigationsHousing finance and home ownership

Alternate Title(s) of Bill HR 5505

GSE Review and Reform Act of 2016To amend the Consumer Financial Protection Act of 2010 to require annual studies on ending the conservatorship of Fannie Mae, Freddie Mac, and for other purposes.GSE Review and Reform Act of 2016
Start holding our government accountable!

Comments

Sponsors and Cosponsors of HR 5505

J. French Hill
J. French Hill
Arkansas(Republican)

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