GSE bill vote seen this week

The U.S. House of Representatives may vote on legislation to rein in Fannie Mae and Freddie Mac this week, a key lawmaker has said.

Michael Oxley, chairman of the House Financial Services Committee, said House Republican leaders have indicated they plan a vote on the bill, including a provision added to set aside money for affordable housing for victims of Hurricane Katrina.

"We hope to have it on the floor next week. The initial proposal from the majority leader's office would indicate so," said

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