Downward pressure coming: Congressman Hensarling will move on the bill Tuesday. Hensarling is a pol who knows the game.
To: Members of the Committee on Financial Services
From: Financial Services Committee Majority Staff
Date: July 18, 2013
Subject: July 23 Full Committee Markup
The Committee on Financial Services will mark up the following bill at 10:15 a.m. on
Tuesday, July 23, 2013, and subsequent days if necessary, in Room 2128 of the Rayburn
House Office Building:
? H.R. ____, the Protecting American Taxpayers and Homeowners (PATH) Act of 2013
H.R. ____, the Protecting American Taxpayers and Homeowners (PATH) Act of 2013
A bill to be introduced on July 19, the Protecting American Taxpayers and
Homeowners (PATH) Act of 2013 is designed to be a comprehensive proposal to create a
sustainable housing finance system by ending the federal government’s domination of the
housing finance market and giving consumers more choices in determining which mortgage
product best suits their needs. A Discussion Draft of the PATH Act was released by the
Committee on July 11, and a legislative hearing on the PATH Act Discussion Draft was
held on July 18.
A complete updated section by section summary of the PATH Act Discussion Draft is
attached separately.