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S.Res. 658

ResolutionFederalSenateIn Committee
A resolution expressing the sense of the Senate that the former chief executive officers of Fannie Mae should not receive lavish severance packages at taxpayer expense.
About This Bill
Committee
Latest Action · September 12, 2008
Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8498)
Congress
110th (2007–2009)
Introduced
September 12, 2008
Cosponsors (0)
None
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Summary

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Expresses the sense of the Senate that former chief executive officers who presided over the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) during the period that led to a federal takeover should not receive lavish severance packages at taxpayer expense and that such packages should be carefully examined and eliminated or reduced to an appropriate level.

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