Senate deregulation package would set stage for end of Fannie, Freddie
The Washington Examiner - May 15, 2015 - May 15, 2015
By Joseph Lawler
Some investors in the companies, which are delisted from stock exchanges, have been aiming for the re-privatization of the firms, seeking to allow them to rebuild capital through a legislative or judicial reversal of a 2012 decision by the Treasury to take all of the government-sponsored enterprises’ profits.
The housing-finance provisions of Shelby’s bill “inappropriately politicize the conservatorship of Fannie and Freddie, and don’t belong in this financial reform legislation,” said Tim Pagliara, the executive director of the group Investors Unite that advocates on behalf of private shareholders of Fannie and Freddie.
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