President Barack Obama on Wednesday signed into law a $3.4 million pay cut for the chief executives of Fannie Mae and Freddie Mac, a harsh rebuff of the companies’ regulator by Congress and the administration.
WSJ.com: US Business, Wall Street Journal: Business
Wed, 11/25/2015 - 3:20pm
President Barack Obama on Wednesday signed into law a $3.4 million pay cut for the chief executives of Fannie Mae and Freddie Mac, a harsh rebuff of the companies’ regulator by Congress and the administration.