House GOP Introduces GSE Legislation With Markup Scheduled for Next Week
March 31, 2011
Republican members of the House Financial Services Committee the week introduced eight separate bills aimed at scaling back the government-sponsored enterprises or tightening their oversight. The House Financial Services Subcommittee on Capital Markets and GSEs held a hearing on the eight bills and plans a markup on April 5. “The GSE Credit Risk Equitable Treatment Act,” introduced by Rep. Scott Garrett, R-NJ, chairman of the subcommittee, would...