Waiting on a Hensarling GSE Bill. Also: A ‘November Surprise’?
March 30, 2018
The GSE reform draft expected from Rep. Jeb Hensarling, R-TX, likely won’t see the light of day until sometime in mid-April, according to industry lobbyists and trade officials tracking its progress.Meanwhile, it’s safe to say some degree of apathy is setting in for the simple reason that even if a draft appears, few believe it will be bipartisan in nature, which means it will never become law, at least not in this Congress. “No one cares,” said one senior trade group official who spoke under the condition he not be identified.This official said his focus is now squarely on regulatory relief and reforming certain aspects of the...