A group of 14 Democratic senators, led by Elizabeth Warren (Mass.) and Minority Leader Chuck Schumer (N.Y.), have called on Federal Housing Finance Agency (FHFA) Director Bill Pulte to pause any potential plans to release government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac from conservatorship.
The letter, first reported by Bloomberg, said that any potential plans need to be presented to Congress in a briefing before they’re pursued. Rushing the process, the senators said, could have adverse details ⇒
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