2: Statutory Reforms
Provide support for statutory reforms to strengthen our regulatory powers. Other Information:
OFHEO’s ability to ensure the financial safety and soundness of the Enterprises faces certain limitations within current law.
As OFHEO has identified problems through its special examinations of both Enterprises, the agency has had to rely on consent
agreements with each Enterprise to affect change. Going forward, OFHEO needs the full set of regulatory powers, similar to
the tools available to the bank regulators, so it may act quickly to address problems. OFHEO will continue to work with both
the Administration and the Congress to identify and support appropriate changes to its statutory authorities that strengthen
OFHEO’s ability to carry out its mission.
Objective(s):
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