The list of Senators
The list of Senators Senators voting in favor of S. 1217 were Tim Johnson (D-SD) Mike Crapo (R-ID) Mark Warner (D-VA) Bob Corker (R-TN) Kay Hagan (D-NC) Heidi Heitkamp (D-ND) Joe Manchin (D-WV) Jon Tester (D-MT) Tom Coburn (R-OK) Dean Heller (R-NV) Mike Johanns (R-NE) Mark Kirk (R-IL) Jerry Moran (R-KS) Supporters of S. 1217 argued that the bill represents a balanced approach to housing finance reform that would protect taxpayers and consumers. In his opening statement, Johnson told his colleagues that the bill “will create greater competition in the housing finance system, reducing risk to the taxpayer while ensuring affordable, fair access to all creditworthy borrowers.” Others, such as Warner, contended that the current status quo, with Fannie Mae and Freddie Mac under federal conservatorship, was untenable, and needed to be changed. Opponents of the bill largely fell into two camps. Conservative Republicans, while reiterating that they strongly support efforts to eliminat...