Bill > HR1209

This bill, known as the "End of GSE Conservatorship Preparation Act of 2025", requires the Secretary of the Treasury to submit a detailed report to key congressional committees about the potential termination of conservatorships for Fannie Mae and Freddie Mac (which are Government-Sponsored Enterprises, or GSEs, in the mortgage financing market). Specifically, the bill mandates that within 30 days of enactment, the Treasury Secretary must report whether they have completed proposals for ending the conservatorships, as previously outlined in Letter Agreements dated January 14, 2021. If these proposals are not fully completed, the Secretary must include the latest draft versions in the report and then complete and submit the full proposals to the House Financial Services Committee and Senate Banking Committee within 90 days of the bill's enactment. The bill aims to provide transparency and accountability in the process of potentially returning Fannie Mae and Freddie Mac to private ownership after more than a decade under government conservatorship, which was implemented during the 2008 financial crisis to stabilize the housing and mortgage markets.

Business and Industry

https://www.congress.gov/bill/119th-congress/house-bill/1209/all-info