House Financial Services Committee Approves Green Amendment Targeting Runaway Executive Pay at Fannie Mae and Freddie Mac

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By Congressman Al Green -

Washington (DC) – November 16, 2011 – (RealEstateRama) — Yesterday, the House Financial Services Committee approved an amendment sponsored by Congressman Al Green (TX-09) that would target executive compensation abuses at Fannie Mae and Freddie Mac by requiring that the pay of their senior executives be similar to that of other federal banking regulators.

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