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End of GSE Conservatorship Preparation Act of 2025
To require the Secretary of the Treasury to submit to the Congress completed proposals for the termination of the conservatorships of Fannie Mae and Freddie Mac, and for other purposes.
Summary
- Requires the Secretary of the Treasury to report within 30 days on whether Treasury has completed proposals for ending the conservatorships of Fannie Mae and Freddie Mac as described in 2021 agreements with those entities.
- Requires Treasury to include any completed conservatorship termination proposals in the initial report.
- If proposals were not completed, requires Treasury to include the latest draft version in the report and to complete and submit the full proposals to Congress within 90 days of the bill's enactment.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
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![Rep. Ogles, Andrew [R-TN-5]](https://media.civicgate.org/people/d/politicians/O000175.thumb.jpg)
Rep. Ogles, Andrew (R-TN) [#5]
Money behind the sponsor
Top reported contributors to Andrew Ogles’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Andrew Ogles → · Outside spending →
Actions (2)
- Feb 11, 2025 Referred to the House Committee on Financial Services. · house
- Feb 11, 2025 Introduced in House
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE HOUSE OF REPRESENTATIVES
February 11, 2025
Mr. Ogles introduced the following bill; which was referred to the Committee on Financial Services
A BILL
To require the Secretary of the Treasury to submit to the Congress completed proposals for the termination of the conservatorships of Fannie Mae and Freddie Mac, and for other purposes.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “End of GSE Conservatorship Preparation Act of 2025”.
SEC. 2. PROPOSALS FOR TERMINATION OF CONSERVATORSHIPS.
(a) Report.—Not later than 30 days after the date of the enactment of this Act, the Secretary of the Treasury shall submit a report to the Committee on Financial Services of the House of Representatives and the Committee on Banking, Housing, and Urban Affairs of the Senate that identifies whether—
(1) the Department of the Treasury completed the proposal described in article IX of the Letter Agreement to the Amended and Restated Preferred Stock Purchase Agreement between the United States Department of the Treasury and the Federal National Mortgage Association, dated January 14, 2021, and the proposal described in article IX of the Letter Agreement to the Amended and Restated Preferred Stock Purchase Agreement between the United States Department of the Treasury and the Federal Home Loan Mortgage Corporation, dated January 14, 2021; and
(2) either or both of such proposals were completed and, if so, includes such completed proposal or proposals.
(b) Proposals.—If the report required under subsection (a) indicates that either or both of such proposals were not completed, the Secretary of the Treasury shall—
(1) include in such report the latest incomplete draft or version, if any, of such incomplete proposal or proposals; and
(2) not later than 90 days after the date of the enactment of this Act, complete and submit such proposal or proposals to the committees identified in subsection (a). <all>
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