Prospects of passage have dimmed for the Johnson-Crapo housing finance reform bill as the Senate Banking Committee postponed its vote on the legislation. Committee Chairman Johnson (D-S.D.) and ranking member Mike Crapo (R-Idaho) wanted to secure at least 16 "yes" votes on the 22-member panel to pressure Senate Majority Leader Harry Reid to let the measure come up on the Senate floor. The bill would replace Fannie and Freddie with an agency that offers a government guarantee on home loans. If the bill cleared the panel and Senate, it would need to be reconciled with a House bill, the most likely of which would scale back the government's involvement much more sharply. It is unclear when the committee will meet on the bill again.