U.S. Sens. Mark R. Warner (D-VA) and Bob Corker (R-Tenn.), members of the Senate Banking Committee, were joined by Senate colleagues Mike Crapo (R-Idaho), Heidi Heitkamp (D-N.D.), Dean Heller (R-Nev.), and Jon Tester (D-Mont.) in authoring a bipartisan letter to the director of the Federal Housing Finance Agency (FHFA). The letter encouraged Director Mel Watt to avoid taking steps that may facilitate the release of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac out of conservatorship without comprehensive reform.
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