Reuters: (Reuters) - The U.S. government-run mortgage finance firms Fannie Mae and Freddie Mac could play a bigger role in turning around the battered U.S. housing market, the Federal Reserve told Congress, a call that looks set to run into stiff political opposition. The Fed, in a paper sent to lawmakers on Wednesday, outlined an [...]
Those of us who believe that the government was mostly to blame for the 2008 financial crisis and its continuing effects have been reinforced by revelations from Peter J. Wallison, one of the 10 members of the Financial Crisis Inquiry Commission appointed by Congress to investigate the causes of the crisis and a fellow in [...]
All this bragging by the president of this amazing financial reform and then I read this in the Washington Times paper today: But as it made its way through Congress under the leadership of Sen. Christopher J. Dodd, Connecticut Democrat, and Rep. Barney Frank, Massachusetts Democrat, the bill accumulated hundreds of provisions unrelated to its [...]
