H.R.1225 - GSE Debt Issuance Approval Act of 2011

To prohibit Fannie Mae and Freddie Mac from issuing any new debt without approval in advance by the Secretary of the Treasury. view all titles (2)

All Bill Titles

  • Official: To prohibit Fannie Mae and Freddie Mac from issuing any new debt without approval in advance by the Secretary of the Treasury. as introduced.
  • Short: GSE Debt Issuance Approval Act of 2011 as introduced.

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Introduced
 
House
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Senate
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President
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03/29/11
 
 
 
 
 
 
 

Official Summary

GSE Debt Issuance Approval Act of 2011 - Amends the Housing and Community Development Act of 1992 to prohibit the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs) from issuing any debt

Official Summary

GSE Debt Issuance Approval Act of 2011 - Amends the Housing and Community Development Act of 1992 to prohibit the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government-sponsored enterprises or GSEs) from issuing any debt security, obligation, or instrument unless it gets advance approval from the Secretary of the Treasury.

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