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United States · Bill · S

S. 3458 (110th)

A bill to prohibit golden parachute payments for former executives and directors of Fannie Mae and Freddie Mac.

referredUnited States· United States Congress· EN

Introduced

9 September 2008

Last action

9 September 2008 · Introduced

Status

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sen. Bunning, Jim [R-KY], Sen. Dole, Elizabeth [R-NC], Sen. Enzi, Michael B. [R-WY], Sen. Thune, John [R-SD], Sen. Vitter, David [R-LA]

Subjects

Housing

Source updated

6 December 2025

Housing

Summary

Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Federal Housing Finance Regulatory Reform Act of 2008, to require the Director of the Federal Housing Finance Agency to prohibit any golden parachute payment on or after enactment of this Act with respect to any executive officer or director of: (1) the Federal National Mortgage Association (Fannie Mae) and any affiliate; (2) Federal Home Loan Mortgage Corporation (Freddie Mac) and any affiliate; and (3) any Federal Home Loan Bank.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 9 September 2008

    Introduced

    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

  2. 9 September 2008

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 9 September 2008

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 9 September 2008

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 9 September 2008

    Open at official source

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Sponsors

Related records

Sources

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