The Real Deal Miami

New senate bill seeks to keep lawmakers’ hands off Fannie Mae and Freddie Mac

March 15, 2013 01:00PM

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From Left: Bob Corker, Mark Warner, David Vitter and Elizabeth Warren

A bipartisan group of lawmakers is looking to keep their colleagues from using Fannie Mae and Freddie Mac to balance the federal budget, according to the Wall Street Journal. Sens. Bob Corker,  Mark Warner, David Vitter and Elizabeth Warren have introduced a bill called the “Jumpstart GSE Reform Act,” which would prevent Congress from using increases in fees charged by Fannie and Freddie to bankroll spending increases or tax cuts. [more]

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