H.R. 1209 Introduced Finance and Financial Sector

End of GSE Conservatorship Preparation Act of 2025

To require the Secretary of the Treasury to submit to the Congress completed proposals for the termination of the conservatorships of Fannie Mae and Freddie Mac, and for other purposes.

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Ogles, Andrew [R-TN-5] Introduced February 11, 2025 Cosponsors 0 Latest action February 11, 2025

Summary

End of GSE Conservatorship Preparation Act of 2025
This bill requires the Department of the Treasury to report to Congress on the status of proposals to establish a timeline and process (1) to end the conservatorship of Fannie Mae and Freddie Mac by the Federal Housing Finance Agency, and (2) for Treasury to resolve its investment in Fannie Mae and Freddie Mac. (As a result of the financial crisis, Fannie Mae and Freddie Mac entered into a conservatorship in 2008 with the Federal Housing Finance Agency. As part of this agreement, Treasury provided funds to support the solvency of Fannie Mae and Freddie Mac.)   

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  1. Feb 11, 2025 Referred to the House Committee on Financial Services.
  2. Feb 11, 2025 Introduced in House

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