Fannie and Freddie CEOS under attack by congress.

2 things caught my eye, both in the same story.

snips:

A....The Senate agreed to a resolution that would stop executive bonuses at Fannie Mae and Freddie Mac, attaching the measure to a larger congressional insider-trading bill.

B......Two senators introduced a separate bill Wednesday that would put Fannie and Freddie employees on a federal salary scale of $275,000 maximum annually, while also taking away bonuses.

The top 10 executives at Fannie and Freddie earned a combined $13 million in performance bonuses in 2010, according to Securities and Exchange Commission filings. The Federal Housing Finance Agency, the GSEs' regulator, said it expects a "substantial decrease in CEO compensation" as it searches for new heads for Fannie and Freddie.

PLUS: Senators also added a measure in the Stock Act that would require disclosure of home mortgages by federal legislators, the president, the vice president and any Senate-approved appointees by the president. This comes as a House investigation revealed at least four House members received cheaper home loans from Countrywide in exchange for policy influence.

Main story:
http://www.housingwire.com/article/senate-adds-fannie-freddie-bonus-ban-stock-act