WASHINGTON AP – Democrats and Republicans queasy about a federal rescue of mortgage giants Fannie Mae and Freddie Mac are coalescing around the idea of letting the government slap limits on the multimillion-dollar pay packages of their executives.
Key lawmakers – puzzling over how to explain to constituents why they voted to bail out the troubled government-sponsored firms – see new curbs on compensation for the top officers as a crucial measure to cut down on the cringe factor.