Yesterday, the Capital Markets Subcommittee slogged through six more bills, bringing to fourteen the number of GOP measures on GSE operations approved to date. Despite yet another fracas at the mark-up, nothing really substantive was added to any of the bills, which join all the others as provisions to codify current conservatorship practice, end irrelevant programs and express Republican ire at all the GSE practices that arguably led to past malfeasance.
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