White House is expected to address Fannie and Freddie

07/9/2010 | Bloomberg Businessweek

Republican lawmakers have criticized Democrats for not addressing Fannie Mae and Freddie Mac, government-sponsored entities that have cost taxpayers more than $145 billion, in legislation to overhaul financial regulation. The Senate is poised to pass the bill and send it to President Barack Obama for his signature, and the White House is expected to turn its attention to Fannie and Freddie.

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