Sen. Charles Schumer, D-NY, chairman of the Senate Banking Subcommittee on Housing, has been going head-to-head with Bush administration officials over lifting the cap on Fannie Mae’s and Freddie Mac’s portfolio, allowing them greater flexibility for...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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