SRES 658 · 110th Congress · Finance and Financial Sector
A resolution expressing the sense of the Senate that the former chief executive officers of Fannie Mae should not receive lavish severance packages at taxpayer expense.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8498)(2008-09-12)
Plain Language Summary
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Expresses the sense of the Senate that former chief executive officers who presided over the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) during the period that led to a federal takeover should not receive lavish severance packages at taxpayer expense and that such packages should be carefully examined and eliminated or reduced to an appropriate level.…
Summarized by Claude AI · Non-partisan · For informational purposes only