HR 1209 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill requires the Treasury Department to report to Congress about plans to end the government's control over Fannie Mae and Freddie Mac. The report must include information about timelines and processes for ending this arrangement and for Treasury to resolve its financial investment in these companies. Fannie Mae and Freddie Mac have been under government control since 2008 during the financial crisis, with Treasury providing money to keep them financially stable.
Introduced
February 11, 2025
Policy Area
Finance and Financial Sector
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