Fannie Mae-No Politics (FNMA)

[clarencebeaks21]

Firstly, H.R. 1382 is not submitted to the Senate. It is waiting review by the House committee on Financial Services. Thus there also has been no House floor vote:

https://www.congress.gov/bill/118th-congress/house-bill/1382/all-info?s=1&r=12

Secondly, Ano’s tweet is misleading. It implies H.R. 1382 affects FHFA, as if it revises HERA. That is false. As I posted yesterday, the text HR 1382 is available. Read it. Nowhere does it revise HERA:

https://www.congress.gov/118/bills/hr1382/BILLS-118hr1382ih.pdf

When might the Senate take up the bill, and when might Biden sign, thus subjecting CFPB (but not FHFA) to Appropriations? First things first. First, Committee. Then floor vote. Then and only then will it tiptoe into the Senate where Barr and his fellow R’s —notably —lack a majority.