Despite objections from key Democrats, CUNA said Monday GSE reform is not doomed in this Congress.
The Senate Banking Committee delayed the markup of the Housing Finance Reform and Taxpayer Protection Act April 29. CUNA said the committee is expected to resume markup of the housing finance reform bill Thursday.
"The bill enjoys the support of the majority of the members of the Senate Banking Committee so its prospects in the committee I don't think are in doubt," said Ryan Donovan, CUNA's senior vice president of legislative affairs, on a conference call.
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