,,ii  #aafth ,,congress  #ast ,session  
,s4 #aaga  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,april #aa1    
#bjai ,mr4 ,tillis 7for himself and ,ms4
 ,warren7 introduced the following bill2
 which was read twice and referred to   
the ,committee on ,banking1 ,housing1   
and ,urban ,affairs  ,a ,,bill  ,to     
suspend the current compensation        
packages for all officers of ,fannie    
,mae and ,freddie ,mac4  #a4 ,short     
title  ,this ,act may be cited as the   
,respect the ,caps ,act4  #b4           
,prohibition on transfer of functions   
7a7 ,federal ,home ,loan ,mortgage      
,corporation ,section #cjc7;h7 of the   
,federal ,home ,loan ,mortgage          
,corporation ,act 7#ab ,u4,s4,c4        
#adeb7;h77 is amended by adding at the  
end the following3  7#e7 ,the           
,corporation may not transfer or        
delegate any duty or responsibility of  
the chief executive officer1 as of      
,november #be1 #bjae1 to any other      
position4  4  7b7 ,federal ,national    

,mortgage ,association ,section #cji7;d7
 of the ,federal ,national ,mortgage    
,association ,charter ,act 7#ab         
,u4,s4,c4 #agbc;a7d77 is amended by     
adding at the end the following3  7#e7  
,the corporation may not transfer or    
delegate any duty or responsibility of  
the chief executive officer1 as of      
,november #be1 #bjae1 to any other      
position4  4  #c4 ,removal of ,director 
of ,,fhfa for cause ,section            
#acab7;b77#b7 of the ,federal ,housing  
,enterprises ,financial ,safety and     
,soundness ,act of #aiib 7#ab ,u4,s4,c4 
#deab7;b77#b77 is amended by inserting 1
 including for approving the            
compensation and benefits of any chief  
executive officer of an enterprise at a 
level greater than the level described  
in section #c of the ,equity in         
,government ,compensation ,act of #bjae 
7#ab ,u4,s4,c4 #deah note7 before the   
period at the end4