H.R. 6864 · 110th Congress
To prohibit golden parachute payments for former executives and directors of Fannie Mae and Freddie Mac.
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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KingSponsor37 cosponsors · 4 D, 33 R
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Akin
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Bachus
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Fortenberry
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Foxx
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Garrett
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Walberg
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Buchanan
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Broun
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Drake
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Gallegly
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Johnson
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LoBiondo
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Musgrave
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Stearns
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Souder
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Walden
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Burton
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Boozman
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Bachmann
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Hensarling
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Latta
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Moran
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Mitchell
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Platts
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Putnam
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Rehberg
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Sali
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Carter
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Gohmert
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Herger
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McCotter
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Welch
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McHugh
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Murphy
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Ryan
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Cohen
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Wittman6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Federal Housing Finance Regulatory Reform Act of 2008, to require the Director of the Federal Housing Finance Agency to prohibit any golden parachute payment on or after enactment of this Act with respect to any executive officer or member of the board of…
What it does: CRS summary · Introduced in House · Sep 10, 2008
Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Federal Housing Finance Regulatory Reform Act of 2008, to require the Director of the Federal Housing Finance Agency to prohibit any golden parachute payment on or after enactment of this Act with respect to any executive officer or member of the board of directors of: (1) the Federal National Mortgage Association (Fannie Mae) and any affiliate; (2) Federal Home Loan Mortgage Corporation (Freddie Mac) and any affiliate; and (3) any Federal Home Loan Bank.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To prohibit golden parachute payments for former executives and directors of Fannie Mae and Freddie Mac.
Latest action (Sep 10, 2008): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Sep 10, 2008
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.