U.S. Senate Democrats will offer an alternative to Senate Banking Committee Chairman Richard Shelby’s bill on Thursday to stiffen oversight of Fannie Mae and Freddie Mac, sources said on Tuesday.


The alternative bill, which will be offered as an amendment during debate on Shelby’s bill, will likely be similar to legislation that was approved by a House panel, according to sources with knowledge of the amendments that have been filed so far.


For this complete story, please visit Senate Democrats to Offer Substitute GSE Bill.


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