Senate Financial Panel leaders Tim Johnson, good Democrat, and you can Mike Crapo, a good Republican, try leading the brand new discussion toward future of Fannie and you can Freddie, the us government-sponsored financial giants you to needed a great bailout from inside the 2008. Like other proposals in Congress, the fresh new Johnson-Crapo contract do reduce Fannie and Freddie.

According to the position quo, they argue, Fannie and you can Freddie accept excessively exposure, which have around the whole residential home loan field, the most significant sector all over the world, to their backs. Alternatively, individual dealers is always to shoulder one to burden, into government bringing disastrous insurance policies in the event the losses pile as well highest. (더 보기…)