Bills · HR 1209
IN COMMITTEE· 119TH CONGRESS
House BillHR 1209Finance and Financial Sector
End of GSE Conservatorship Preparation Act of 2025
INTRO FEB 11· LAST ACTION FEB 11
READING
2MIN
COSPONSORS
0
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenVoters should care about this bill because Fannie Mae and Freddie Mac play a huge role in the U.S. housing market, guaranteeing or owning a significant portion of mortgages. They were taken over by the government during the 2008 financial crisis to prevent a collapse of the housing market, and they remain under government control.
This bill pushes the government to formally present its strategy for these companies to eventually operate independently again. If this bill becomes law, Congress and the public would get a clearer understanding of the Treasury Department's intentions for these key institutions. If it doesn't become law, the process for ending the conservatorship could continue without a specific legislative timeline for reporting and completing these crucial plans.
KEY PROVISIONS
3AI-extractedPROVISION 01
Requires the Treasury Secretary to submit a report to Congress within 30 days of the bill's enactment, detailing whether proposals for ending Fannie Mae and Freddie Mac's conservatorships are complete.
This provision creates an immediate deadline for the Treasury to disclose the status of critical plans for the future of the housing finance system.
PROVISION 02
Mandates that if the proposals are complete, they must be included in the 30-day report to Congress.
This ensures transparency by requiring the full plans, if available, to be shared directly with lawmakers.
PROVISION 03
If the proposals are not complete, the Treasury Secretary must include any incomplete drafts in the 30-day report and then finalize and submit the completed proposals within 90 days of the bill's enactment.
This provision sets a firm deadline for the completion and submission of these important plans, preventing indefinite delays.
SPONSORSHIP
1 + 0
R· Tennessee
YRS IN OFFICE
3
BILLS LED
50
ACTION TIMELINE
2 EVENTSFEB 11
Introduced in House
FEB 11
Referred to the House Committee on Financial Services.
BILL INFO
TypeHouse Bill
NumberHR 1209
Congress119th
StatusIn Committee
IntroducedFeb 11, 2025
Last actionFeb 11, 2025
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IN COMMITTEE· 119TH CONGRESS · FINANCIAL SERVICES COMMITTEE · INTRODUCED FEB 11, 2025
House BillHR 1209Finance and Financial Sector
End of GSE Conservatorship Preparation Act of 2025
INTRODUCED FEB 11, 2025· LAST ACTION FEB 11, 2025
PASSAGE CHANCES
—%
READING
2 min
COSPONSORS
0
COMPLEXITY
Moderate
