House to vote Monday on limiting GSE CEO pay

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THE BIG DEAL-Conservative blocks House passage of disaster relief bill: Rep. Chip Roy Charles (Chip) Eugene RoyOn The Money: Conservative blocks disaster relief bill | Trade high on agenda as Trump heads to Japan | Boeing reportedly faces SEC probe over 737 Max | Study finds CEO pay rising twice as fast as worker pay The Hill’s 12:30 Report.

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Rep. Hill Statement on GSE CEO Salary Cap Legislation Ernst declines to say whether she would vote against Trump. – Ernst declines to say whether she would vote against Trump tariffs on Mexico "I hope we don’t get to that point, but I do think Congress needs to exercise its right to put some checks and balances.

A brief GSE mention by Sen. Scott Brown. Monday November 2nd 2015: 717, Trevor Thompson, and the Admin’s Bank Butt Kissing – Bill Maloni Blog: House vote on GSE CEO pay limits delayed two weeks – HousingWire: House Postpones Vote on Proposal to Cap Salaries of Fannie Mae, Freddie Mac CEOs – DS News

The U.S. Senate approved a bill limiting GSE CEO pay to $600,000 on Tuesday night, the salary before plans were approved earlier this summer to return exec compensation to historic levels of close to $4 million. However, it looks like Americans aren’t ready for high-paid quasi-public CEOs just yet as a similar measure also passed the House.

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The bill also places non-executive GSE employees on the general schedule (gs) pay scale, the highest rank being $132,122 per year. The House Financial Services Committee voted on similar legislation, the Equity in Government Compensation Act of 2011, on January 17, 2012.

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