The Democrats, like I said, have come to the defense of Freddie Mae in the past, when Republicans knew there was a problem, and tried to fix it. Perhaps existing regulation should be applied and enforced for Fannie and Freddi? Instead of creating a bunch of new regulation. In this, Republicans ask for a regulatory body to enforce the rules on Fannie and Freddie that the Dems of Congress fought to shield the organizations from.
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