Dallas Rep. Jeb Hensarling wants to eliminate Fannie Mae, Freddie Mac

Dallas Morning News, by Dave Michaels Posted By: Lou Noleum- Fri, 10 Sep 2010 18:28:06 GMT For years, conservatives inveighed against government'backed mortgage firms Fannie Mae and Freddie Mac. The complaints began with their dominance of the market and ended with a warning that taxpayers would bail them out one day. Now that critics have been proven right, they're on the spot to show they know what's best for the future. Among the questions: Should Fannie and Freddie be privatized? Abolished? And how would government support the housing market without them? Led by Rep. Jeb Hensarling of Dallas, House Republicans say they're eager to curb government's involvement

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