Anonymous ID: 36a225 July 16, 2026, 10:12 a.m. No.24832753   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>24832679

>>24832706

CONGRESS IS FUCKING UP

 

 

All Information (Except Text) for H.R.5704 - Repeal the Smith-Mundt Modernization Act of 2013 119th Congress (2025-2026) | Get alerts

 

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Sponsor: ~~Rep. Massie, Thomas~~ [R-KY-4] (Introduced 10/08/2025)

Committees: House - Foreign Affairs

Latest Action: House - 10/08/2025 Referred to the House Committee on Foreign Affairs. (All Actions)

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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - House of Representatives

Short Title(s) as Introduced

 

Repeal the Smith-Mundt Modernization Act of 2013

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

 

To repeal the Smith-Mundt Modernization Act of 2013 and to prohibit domestic propagandization by the Federal Government.

Actions Overview (1)

Date Actions Overview

10/08/2025 Introduced in House

All Actions (2)

Date All Actions

10/08/2025 Referred to the House Committee on Foreign Affairs.

Action By: House of Representatives

10/08/2025 Introduced in House

Action By: House of Representatives

Cosponsors (10)

Cosponsor Date Cosponsored

Rep. Perry, Scott [R-PA-10]* 10/08/2025

~~Rep. Greene, Marjorie Taylor~~ [R-GA-14] 10/10/2025

Rep. Burlison, Eric [R-MO-7] 10/10/2025

Rep. Harris, Mark [R-NC-8] 10/10/2025

~~Rep. Roy, Chip [R-TX-21] ~~ 10/10/2025

Rep. Crane, Elijah [R-AZ-2] 10/24/2025

Rep. Wied, Tony [R-WI-8] 10/24/2025

Rep. Luna, Anna Paulina [R-FL-13] 10/31/2025

Rep. Gosar, Paul A. [R-AZ-9] 11/07/2025

Rep. Rouzer, David [R-NC-7] 05/21/2026

Committees (1)

 

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents

House Foreign Affairs 10/08/2025 Referred To

 

https://www.congress.gov/bill/119th-congress/house-bill/5704/all-info

Anonymous ID: 36a225 July 16, 2026, 11:30 a.m. No.24832987   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>3176 >>3326 >>3328 >>3354

Toxic assets in 2007 referred to plummeting subprime mortgage-backed securities (MBS) and collateralized debt obligations (CDOs) that became illiquid as the US housing bubble burst. Because widespread homeowner defaults destroyed their value, these complex financial instruments froze global credit markets, eventually triggering the Subprime mortgage crisis - Wikipedia.

 

Investopedia

https://www.investopedia.com

Toxic Assets: What it Means, How it Works

Toxic assets are investments that are difficult or impossible to sell at any price because the demand for them

 

 

Mortgage | Politics 3 minute read

Trump says Fannie Mae, Freddie Mac IPO still on the table

Trump told reporters that the plan is not a rush job as FHFA Director Bill Pulte prepares to take on acting DNI duties June 30

June 5, 2026, 4:43pm by Sarah Wolak

News

>

Mortgage

recapitalization-of-Fannie-and-Freddie-could-be-beneficial-for-the-Department-of-Treasury-in-most-cases

Article Summary

 

Trump said the administration is still considering an IPO for Fannie Mae and Freddie Mac and that there is no rush. The GSEs remain in conservatorship and their stocks are down more than 30% year to date. AI Summary

 

President Donald Trump said Friday that his administration is still considering a public offering of shares in mortgage finance giants Fannie Mae and Freddie Mac, despite naming the governmentโ€™s top housing regulator to temporarily lead the nationโ€™s intelligence agencies.

 

Bloomberg reported that while speaking to journalists aboard Air Force One, Trump dismissed suggestions that plans for an initial public offering (IPO) of the government-sponsored enterprises (GSEs) had been shelved following his decision to appoint Federal Housing Finance Agency Director Bill Pulte as acting director of national intelligence.

 

โ€œNo, itโ€™s not,โ€ Trump said when asked whether an offering was off the table. โ€œWeโ€™re thinking about an IPO for that. Itโ€™s not a rush.โ€

 

https://www.housingwire.com/articles/fannie-freddie-ipo-trump/