| Apr 4, 2011 2:14PM The House Subcommittee on Capital Markets, Insurance, and Government-Sponsored Enterprises held the first of what will probably be a large number of hearings on legislative proposals to overhaul the government sponsored enterprises (GSEs) Freddie Mac and Fannie Mae. The hearing came one day after the Subcommittee Chairman Scott Garrett (R-NJ) accounced eight bills intended to reform the GSEs. Garrett said the eight bills are merely the first of multiple rounds of Republican sponsored legislation... Apr 1, 2011 3:58PM Most Americans are unfamiliar with the Administrative Procedures Act (APA), yet it reaches each of us through an assortment of rules that eventually lead to what some might consider red tape. Some believe the APA is heavy-handed and will tell you the federal government uses it much too often to circumvent the will of Congress. That comment is for a later discussion. The crux of the Act spells out the process by which agencies promulgate rules and regulations, among other responsibilities. While there...
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