TITLE

The Tea Party Is Right About Fannie and Freddie

AUTHOR(S)
Cooper, Matthew
PUB. DATE
November 2013
SOURCE
National Journal;11/9/2013, p6
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article offers support in favor of eliminating the guarantee of government bailout with regards to what to do with mortgage giants Fannie Mae and Freddie Mac which have been in conservatorship. House Financial Services Committee chairman Jeb Hensarling is cited to have proposed abolishing Freddie and Fannie, and eliminating any guarantee so investors would be more cautious. Avoiding a moral hazard, and evidence of enough money floating around are cited as reasons to eliminate a guarantee.
ACCESSION #
91983462

 

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