H.R.7094: Government-Sponsored Enterprises Free Market Reform Act of 2008

About This Bill

Bill Summary

Government-Sponsored Enterprises Free Market Reform Act of 2008 - Sets a deadline for the Director of the Federal Housing Finance Agency to terminate the conservatorship of either the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac) if the Director determines that it is financially viable. (Refers to both Fannie Mae and Freddie Mac as enterprises.) Requires the Director to appoint...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Sept. 25, 2008

Introduced in the House by Jeb Hensarling (R-Texas)

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