Mel Watt is testifying in the Senate on the status of the housing finance system. It has been nearly one decade since taxpayers bailed these firms out, and Congress has yet to fix the problem. Under Watt, the FHFA is ensuring that Fannie and Freddie become more entrenched than ever.
from Forbes Real Time https://www.forbes.com/sites/norbertmichel/2018/05/22/is-mel-watt-setting-up-another-bailout/
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