Chairman Jeb Hensarling

Legislation

H.R. 1182, the GSE Bailout Elimination and Taxpayer Protection Act
Posted by on April 26, 2011

H.R. 1182 ends the taxpayer-funded bailouts of Fannie Mae and Freddie Mac and put these two companies on a path towards privatization.  The failures of the two government-sponsored enterprises (GSEs) have directly cost taxpayers more than $150 billion. H.R. 1182 is sponsored by Rep. Jeb Hensarling.