,,ib  ,union ,cal5d> ,no4 #bfa  #aad?   
,,congress  #a/ ,session  ,h4 ,r4 #bbdc 
,report ,no4 #aad-cci1 ,"p ,i  ,,9 ,,!  
,,h\se ,,( ,,repres5tatives  ,may #h1   
#bjae ,mr4 ,royce 7= himself & ,mr4     
,poliqu97 introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,f9ancial    
,s]vices1 & 9 addition to ! ,committee  
on ,ov]sight & ,gov]nm5t ,re=m1 = a     
p]iod to be subsequ5tly det]m9$ by !    
,speak]1 9 ea* case = consid]ation ( su*
 provisions z fall )9 ! jurisdiction ( !
 committee conc]n$  ,novemb] #af1 #bjae 
,additional sponsors3 ,mr4 ,pe>ce1 ,mr4 
,mulvaney1 ,mr4 ,blum1 ,mr4 ,latta1 &   
,mr4 ,posey  ,novemb] #af1 #bjae        
,report$ f ! ,committee on ,f9ancial    
,s]vices ) an am5dm5t ,/rike out all    
aft] ! enact+ clause & ins]t ! "p pr9t$ 
9 italic  ,novemb] #af1 #bjae ,!        
,committee on ,ov]sight & ,gov]nm5t     
,re=m dis*>g$2 committ$ to ! ,committee 
( ! ,:ole ,h\se on ! ,/ate ( ! ,union & 
ord]$ to be pr9t$ ,= text ( introduc$   
bill1 see copy ( bill z introduc$ on    

,may #h1 #bjae  ,a ,,bill  ,to susp5d ! 
curr5t comp5sation packages = ! s5ior   
executives ( ,fannie ,mae & ,fr$die ,mac
 & e/abli% comp5sation = su* positions 9
 accordance ) rates ( pay = s5ior       
employees 9 ! ,executive ,bran* ( !     
,f$]al ,gov]nm5t1 & = o!r purposes4  #a4
 ,%ort title ,?is ,act may be cit$ z !  
,equity 9 ,gov]nm5t ,comp5sation ,act ( 
#bjae4  #b4 ,def9itions ,9 ?is ,act3    
7#a7 ,director ,! t]m ,director means ! 
,director ( ! ,f$]al ,h\s+ ,f9ance      
,ag5cy4  7#b7 ,ent]prise ,! t]m         
ent]prise means--  7,a7 ! ,f$]al        
,national ,mortgage ,association & any  
affiliate !re(2 &  7,b7 ! ,f$]al ,home  
,loan ,mortgage ,corporation & any      
affiliate !re(4  7#c7 ,executive (fic]  
,! t]m executive (fic] has ! same mean+ 
z is giv5 su* t]m 9 section #acjc7ab7 ( 
! ,f$]al ,h\s+ ,ent]prises ,f9ancial    
,safety & ,s\ndness ,act ( #aiib 7#ab   
,u4,s4,c4 #dejb7ab774  #c4 ,reasonable  
pay = *ief executive (fic]s  7a7        
,susp5sion ( curr5t comp5sation package 

& limitation ,! ,director %all susp5d ! 
comp5sation packages approv$ = #bjae = !
 *ief executive (fic]s ( ea* ent]prise  
&1 9 lieu ( su* packages1 subject to !  
limitation "u subsection 7b71 e/abli% ! 
comp5sation & b5efits = ea* su* *ief    
executive (fic] at ! same level 9 effect
 = su* (fic] z ( ,janu>y #a1 #bjae1 &   
su* comp5sation & b5efits may n !reaft] 
be increas$4  7b7 ,limitation on bonuses
 ,subsection 7a7 may n be con/ru$ to    
affect ! applicability ( section #af ( !
 ,,/ock ,act 7#ab ,u4,s4,c4 #deah;a7 to 
! *ief executive (fic] ( ea* ent]prise4 
#d4 ,fannie & ,fr$die executive (fic]s n
 ,f$]al employees ,any executive (fic]  
affect$ by any provision "u section #c  
%all n be consid]$ a ,f$]al employee4   
,novemb] #af1 #bjae ,report$ f !        
,committee on ,f9ancial ,s]vices ) an   
am5dm5t ,novemb] #af1 #bjae ,!          
,committee on ,ov]sight & ,gov]nm5t     
,re=m dis*>g$2 committ$ to ! ,committee 
( ! ,:ole ,h\se on ! ,/ate ( ! ,union & 
ord]$ to be pr9t$