By Annys Shin, Washington Post
A congressional vote on new regulations governing Fannie Mae and Freddie Mac has been delayed until at least mid-September after House officials agreed last week to let a second committee review the proposed legislation.
Rep. F. James Sensenbrenner Jr. (R-Wis.), chairman of the Judiciary Committee, said on Thursday that the panel would take a look at the parts of the bill that fall under its jurisdiction, such as those related to criminal penalties and placing the companies in receivership if they run into financial trouble, said Sensenbrenner spokesman Jeff Lundgren.
For this complete story, please visit Added Review to Delay Bill on Fannie, Freddie.
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