Legislative Activity Senate to Vote on TRIA Reauthorization Bill, Federal Reserve Membership This week, the Senate is expected to consider a bill (S. 2244) that would reauthorize the Terrorism Risk Insurance Act (TRIA) for seven years, while making few changes to the current program. On July 10, Senate leadership agreed to a list of four … Continue Reading
Legislative Activity Waters Introduces GSE Legislation On Thursday, March 27, House Financial Services Committee Ranking Member Maxine Waters (D-CA) released a proposal to reform the Government-Sponsored Enterprises (GSEs). Ranking Member Waters’ proposal, the HOME Forward Act of 2014, would wind down the GSEs and replace them with a new government agency that would oversee a fund … Continue Reading
Legislative Activity Johnson and Crapo Release GSE Reform Draft On March 16, 2014, Senate Banking Committee Chairman Tim Johnson (D-SD) and Ranking Member Mike Crapo (R-ID) released a draft legislation to reform the Government-Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac (the section-by-section of the legislation can be found here, and a detailed summary can … Continue Reading
