United StatesHouse Bill 1209HR 1209
End of GSE Conservatorship Preparation Act of 2025
Finance and Financial Sector
3 pages
- house
- senate
- president
Last progress February 11, 2025 (9 months ago)
Introduced on February 11, 2025 by Andy Ogles
House Votes
Pending Committee
February 11, 2025 (9 months ago)Referred to the House Committee on Financial Services.
Senate Votes
Vote Data Not Available
Presidential Signature
Signature Data Not Available
AI Summary
This bill makes the Treasury Department show Congress whether it has finished plans to end the federal conservatorships of Fannie Mae and Freddie Mac. If the plans are done, Treasury must submit them. If not, Treasury must share the latest draft and then finish and submit the plans on a set timeline.
Key points:
- Who is affected: The Treasury Department; oversight committees in the House and Senate; plans related to Fannie Mae and Freddie Mac.
- What changes: Treasury must report whether proposals to end conservatorships were completed, provide any completed proposals, or provide drafts and then complete them.
- When: The report is due within 30 days of the law taking effect; any unfinished proposals must be completed and sent within 90 days of the law taking effect.
Text Versions
Text as it was Introduced in House
ViewFebruary 11, 2025•3 pages
Amendments
No Amendments