Hearing
Pay for Performance: Should Fannie and Freddie Executives Be Receiving Millions In Bonuses?
Chairman Issa Hearing Preview Statement
This hearing will examine the validity of bonuses paid out to executives at Fannie Mae and Freddie Mac. In the aftermath of the financial crisis, President Obama offered direct and pointed criticism of entities that received taxpayer dollars but continued to pay executives millions of dollars in compensation and bonuses calling the payments "obscene" and "shameful."
Since entering a conservatorship status, Fannie and ...