S.2054: STOP Act

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Feb. 1, 2012
  • Latest Major Action Feb. 1, 2012

Bill Summary

Stop the Outrageous Pay at Fannie and Freddie Act or STOP Act - Requires the Director of the Federal Housing Finance Agency (FHFA) to: (1) suspend the compensation packages approved for 2011 for the executive officers of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises or GSEs); and (2) establish a compensation system for the executive officers...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb. 1, 2012

Introduced in the Senate by Mark Begich (D-Alaska)

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