Pursuits
Housing-Finance Bills Won’t Meet 2013 Target, U.S. Lawmakers Say
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Leaders of the U.S. Senate Banking Committee had pledged 2013 was the year to complete a measure to shrink the federal role in housing finance. Now they are looking forward to next year.
Senate Banking Committee Chairman Tim Johnson and ranking Republican Mike Crapo said today that they have been unable to meet a self-imposed goal for the panel to approve a bipartisan bill this year. House Financial Services Committee Chairman Jeb Hensarling convinced his panel to approve his housing-finance proposal while failing to get enough support for a floor vote.