Senators work on bill to wind down Fannie and Freddie

05/30/2013 | Reuters

Sens. Bob Corker, R-Tenn., and Mark Warner, D-Va., hope to lead a bipartisan group of legislators in introducing legislation in the next few weeks to wind down Fannie Mae and Freddie Mac. "What Senators Corker and Warner are doing is laudable. They are wading into a highly partisan fight and trying to put forward an initial approach," said Jaret Seiberg of Guggenheim Securities.

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