HR 1225 · 112th Congress · Housing and Community Development
GSE Debt Issuance Approval Act of 2011
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 18 - 0 and 1 Present.(2011-04-06)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only