''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts
Bush was a coward when it came to economic policy. This and SS he raised the question then dropped the issue immediately.
Seventeen. That's how many times that the Bush administration has called for tighter regulation of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.
quote:I know this for a fact. They were also a super majority in 09-10 and rammed through Obamacare. If Freddie & Fannie were a serious issue (which they were), then why didn't congress ram this through?
Democrats took over the House and Senate in Jan. 2007