Senate panel to vote on housing finance bill next week, aide says
WASHINGTON (Reuters) - The Senate Banking Committee will vote on a bill to revamp the U.S. housing finance system next week, a Senate aide said on Tuesday.
Committee Chairman Tim Johnson, a Democrat, and Senator Mike Crapo, the panel's top Republican, had previously delayed scheduling votes on the bill in order to build more support for the plan that would wind down taxpayer-owned mortgage financiers Fannie Mae and Freddie Mac.
Six Democrats and six Republicans on the 22-member committee are prepared to back the bill, but the leaders want a broader base to pressure Senate Majority Leader Harry Reid to let the legislation come up on the Senate floor.
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