S.3458: A bill to prohibit golden parachute payments for former executives and directors of Fannie Mae and Freddie Mac.

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Sept. 9, 2008
  • Latest Major Action Sept. 9, 2008

Bill Sponsor

Bill Summary

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 director of: (1) the Federal National Mortgage Association (Fannie Mae) and any affiliate; (2) Federal Home Loan...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sept. 9, 2008

Introduced in the Senate by Jim Bunning (R-Ky.)

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