GOP Hopes to End Support for Fannie and Freddie
Posted by Katie Paulsen
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The House Republicans said Wednesday that they hope to include on the party’s policy platform a plank that will end government support for mortgage guarantee agencies Fannie Mae and Freddie Mac.
The Republicans also would end the Troubled Asset Relief Program, the program created at the peak of the crisis to deal with the financial meltdown.
Unless the Republicans succeed in retaking the House, they're unlikely to achieve success in these goals, observers say.
Source: the Wall Street Journal, Corey Boles (09/22/2010)
The Republicans also would end the Troubled Asset Relief Program, the program created at the peak of the crisis to deal with the financial meltdown.
Unless the Republicans succeed in retaking the House, they're unlikely to achieve success in these goals, observers say.
Source: the Wall Street Journal, Corey Boles (09/22/2010)
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Disclaimer: The views and opinions expressed in this blog are those of the author and do not necessarily reflect the official policy or position of the HRIS.
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