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» Administration Deals Blow to GSEs by Backing Tougher Oversight, Regulation
Administration Deals Blow to GSEs by Backing Tougher Oversight, Regulation
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In a sign that Fannie Mae and Freddie Mac may be losing some of their legendary lobbying clout, the Bush administration this week dealt the two government-sponsored enterprises a major blow by proposing a new, much tougher, regulatory regime.