Warren, Tillis look to enforce GSE salary caps

WASHINGTON – Two members of the Senate Banking Committee have introduced bipartisan legislation to enforce the salary caps of the chief executives at the mortgage giants Fannie Mae and Freddie Mac. sens. elizabeth warren, D-Mass., and Thom Tillis, R-N.C., have introduced the Respect the Caps Act, which would explicitly bar Fannie and Freddie from transferring [.]

April 12, 2019 Senators Warren and Tillis Introduce Bipartisan Legislation to Enforce Salary Caps on Fannie and Freddie CEOs Bill also allows the FHFA director to be removed for approving any CEO compensation beyond the caps

Tillis and Warren Introduce Bipartisan Legislation to Enforce Salary Caps on Fannie and Freddie CEOs Senators Thom Tillis (R-NC) and Elizabeth Warren (D-MA) both members of the Senate Banking Committee with jurisdiction over Fannie Mae and Freddie Mac, recently introduced the Respect the Caps Act.

Federal National Mortgage Association : Tillis and Warren. – WASHINGTON, April 15– The office of sen. thom tillis, R-North Carolina, issued the following news release:. Senators Thom Tillis (R-NC) and Elizabeth Warren (D-MA) both members of the Senate Banking Committee with jurisdiction over Fannie Mae and Freddie Mac, recently introduced the Respect the Caps Act.

Warren, Tillis look to enforce GSE salary caps A bipartisan proposal would allow for the removal of the FHFA director if the agency approves CEO salary increases at Fannie and Freddie beyond $600,000. GSE. Lawmakers still have a long way to go before enacting housing finance reform, but the.

GSE reform Hannah Lang April 15 Warren, Tillis look to enforce GSE salary caps A bipartisan proposal would allow for the removal of the FHFA director if the agency approves CEO salary increases at Fannie and Freddie beyond $600,000.

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Warren, Tillis look to enforce GSE salary caps 04/12/19 A bipartisan proposal would allow for the removal of the FHFA director if the agency approves CEO salary increases at Fannie and Freddie beyond $600,000.

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