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house Bill H.R. 3550

Pushing Government Out of Home Financing

Argument in favor

Would eliminate policies that distort markets and facilitate risky lending for low-income borrowers looking for homes. Taxpayers should be off the hook from another $187 billion bailout.

Argument opposed

Fannie Mae and Freddie Mac provide much needed liquid assets in home financing markets. Without them, it would be harder for the government to help low-income borrowers purchase homes.

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      Research and Technology
      Committee on Appropriations
      Committee on Financial Services
      Committee on Science, Space, and Technology
      Committee on the Judiciary
      Antitrust, Commercial and Administrative Law
      Committee on Transportation and Infrastructure
      Highways and Transit
    IntroducedNovember 20th, 2013

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      Research and Technology
      Committee on Appropriations
      Committee on Financial Services
      Committee on Science, Space, and Technology
      Committee on the Judiciary
      Antitrust, Commercial and Administrative Law
      Committee on Transportation and Infrastructure
      Highways and Transit
    IntroducedNovember 20th, 2013

Bill Activity

  • referral
    Referred to the Committee on Financial Services, and in addition to the Committees on Appropriations, Science, Space, and Technology, Transportation and Infrastructure, and the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • referral
    Referred to House Financial Services
  • referral
    Referred to House Appropriations
  • referral
    Referred to House Science, Space, and Technology
  • referral
    Referred to House Transportation and Infrastructure
  • referral
    Referred to House Judiciary
  • referral
    Referred to the Subcommittee on Highways and Transit.
  • referral
    Referred to the Subcommittee on Research and Technology.
  • referral
    Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.

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