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Regulator mulls pay hikes for Fannie Mae and Freddie Mac CEOs
Reuters: The regulator of mortgage finance firms Fannie Mae and Freddie Mac could allow them to raise the pay of their chief executives in order to keep and attract talent at the government-controlled entities, company officials said on Tuesday.
Pay hikes at the top of the two firms are opposed by the U.S. Treasury on grounds that taxpayers continue to backstop the two firms after the government bailed them out in 2008 during the financial crisis.
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