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Finance & markets · 23/10/2009

Federal Home Loan Bank Directors' Compensation and Expenses: Proposed Rule to Repeal Statutory Caps on Director Compensation

The proposed rule aims to repeal the statutory caps on annual compensation for Federal Home Loan Bank directors, allowing each bank to pay reasonable compensation and expenses, subject to approval by the Director of the Federal Housing Finance Agency.

Original source language: Federal Register — Federal Housing Finance AgencyOpen original release →

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