WASHINGTON -- In her first tussle with supporters of Fannie Mae and Freddie Mac on Capitol Hill, Aida Alvarez has emerged slightly bloodied.

By unanimous vote last week, the Senate passed an amendment by Sen. Alfonse D'Amato, R-N.Y., and Sen. Christopher Bond, R-Mo., that slashed the regulator's office staffing request from 60 to 45.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.