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Home » Store » News » Baker Begins Floating Ideas about Changing Fannie's And Freddie's Emergency Credit Lines to Treasury

Baker Begins Floating Ideas about Changing Fannie's And Freddie's Emergency Credit Lines to Treasury

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GOP lawmakers are set to up the ante on reform of the government-sponsored enterprises as a House leader said he is working on a bill that would suggest possible restrictions to Fannie Mae’s and Freddie Mac’s lines of credit with the Department of the Treasury. Rep. Richard Baker, chairman of the House Subcommittee on Capital Markets, Insurance, and GSEs, said that he plans to introduce his version of a GSE reform bill before the Congress…
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