Respect the Caps Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Apr 11, 2019)
Respect the Caps Act
This bill prohibits the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) from transferring or delegating the duties of the chief executive officer to any other position. The bill also provides for the removal of the director of the Federal Housing Finance Agency if the director approves executive compensation packages in excess of statutory limits.
What just happenedApr 11, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
- Introduced in SenateApr 11, 2019
- Apr 11, 2019IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Apr 11, 2019IntroReferral10000
Introduced in Senate