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H.R. 7382House115th Congress (2017-2019)In Committee

Fannie Mae and Freddie Mac Lobbying Regulation Act of 2018

Sponsored by Edward R. RoyceRep. Edward R. Royce (R-CA)
Introduced December 20, 2018

AI-Generated Summary

Updated April 16, 2026 at 12:43 AM UTC

The Fannie Mae and Freddie Mac Lobbying Regulation Act of 2018 would prohibit the two government‑owned mortgage enterprises from doing any lobbying that would make them a client under the Lobbying Disclosure Act while they are in conservatorship or receivership. The rule applies only during periods when the agencies are under federal control, aiming to prevent them from influencing legislation or regulation through paid lobbyists.

Key Provisions

  • Adds a new section to the Federal Housing Enterprises Financial Safety and Soundness Act that bars Fannie Mae and Freddie Mac, while in conservatorship or receivership, from engaging in lobbying activities that would qualify them as a client under the Lobbying Disclosure Act of 1995.

Legislative Activity

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HouseIntro Referral Latest Action

Referred to the House Committee on Financial Services.

Financial Services Committee

December 20, 2018

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HouseIntro Referral

Introduced in House

December 20, 2018

HouseIntro Referral

Referred to the House Committee on Financial Services.

Financial Services Committee

December 20, 2018

Bill Text

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Introduced in HouseIssued December 20, 2018

I

115th CONGRESS

2d Session

H. R. 7382

IN THE HOUSE OF REPRESENTATIVES

December 20, 2018

Mr. Royce of California (for himself and Ms. Velázquez) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To regulate lobbying by Fannie Mae and Freddie Mac, and for other purposes.

1.

Short title

This Act may be cited as the Fannie Mae and Freddie Mac Lobbying Regulation Act of 2018.

2.

Limitations on lobbying activity by Fannie Mae and Freddie Mac

Part 3 of subtitle A of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (12 U.S.C. 4601 et seq.) is amended by adding at the end the following new section:

1357.

Limitations on lobbying activity by enterprises

During any period in which an enterprise is in conservatorship or receivership pursuant to section 1367, such enterprise may not engage in any activity that would result in such enterprise being a client for purposes of section 3(2) of the Lobbying Disclosure Act of 1995 (2 U.S.C. 1602(2)).

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