[Congressional Record Volume 169, Number 151 (Tuesday, September 19, 2023)]
[Senate]
[Page S4600]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1245. Mr. MANCHIN submitted an amendment intended to be proposed 
by him to the bill H.R. 4366, making appropriations for military 
construction, the Department of Veterans Affairs, and related agencies 
for the fiscal year ending September 30, 2024, and for other purposes; 
which was ordered to lie on the table; as follows:

       At the appropriate place, insert the following:
       Sec. ___. (a) Not later than 180 days after the date of 
     enactment of this Act, the Director of the Federal Housing 
     Finance Agency, in consultation with the Secretary of the 
     Treasury, shall submit to Congress a report regarding the 
     state of the conservatorship of the Federal National Mortgage 
     Association and the Federal Home Loan Mortgage Corporation 
     (referred to in this section as the ``covered entities'').
       (b) The report required under subsection (a) shall 
     include--
       (1) policy options that could be taken to end the 
     conservatorship of the covered entities;
       (2) potential safeguards that would need to be established 
     to ensure that, after the end of the conservatorship of the 
     covered entities, the covered entities would not need to be 
     placed in conservatorship at a future date;
       (3) whether the conservatorship of the covered entities has 
     accomplished the primary goals of the conservatorship; and
       (4) if applicable, the projected timeline for ending the 
     conservatorship of the covered entities.
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