New at Reason: Anthony Randazzo on Reforming Fannie Mae and Freddie Mac

April 8, 2011

It has been nearly three years since the Treasury Department essentially took over the mortgage monsters Fannie Mae and Freddie Mac. Since then, little has been done to reform these government-sponsored enterprises that have, so far, devoured a taxpayer bailout of more than $150 billion. But as Reason Foundation Director of Economic Research Anthony Randazzo reports, during a 10-hour House Financial Services subcommittee debate earlier this week, House Republicans finally began the reform process.

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