Friday, May 21, 2010

No Plans Yet by Democrats To End Fannie, Freddie Bailouts

[Meanwhile, the number one {of many} cause of the financial crisis...

House Majority Leader Steny Hoyer (D-Md.) could not say what action Democrats are planning to end the federal bailouts of Fannie Mae and Freddie Mac or when his party planned to take action. Hoyer, speaking to reporters on Tuesday at his weekly press briefing, said only that the House Financial Services Committee was “looking at” what to do with the failed mortgage giants that played a central role in the 2008 economic crisis. “The committee is looking at that,” said Hoyer. “It is going to be considering it. I can't tell you when specifically..."

... goes untouched.]

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