Editorial: U.S. can't delay changes to Fannie, Freddie indefinitely

03/29/2010 | Washington Post, The

The Obama administration should have had a plan in place to overhaul Fannie Mae and Freddie Mac by now, but Treasury Secretary Timothy Geithner's testimony shows that reform is still a ways away, according to this editorial. While there are genuine reasons for the delay, there are also plenty of good ideas for restructuring the government-sponsored entities, The Washington Post's editorial board argues. The U.S. can continue to deal with Fannie and Freddie for a while, but changes need to be made, the Post argues.

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