Let’s let the congressional record speak for itself.http://www.govtrack.us/congress/record.xpd?id=109-s20060525-16&bill=s109-190Note the “Reform act of 2005”. Comment dated May 25, 2006.The most significant statement… If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy [...]


