Jul 22
Speaking at the New York Public Library, U.S. Treasury Secretary
Henry Paulson said Fannie Mae and Freddie Mac are vital
to the U.S. financial system, and that he remains confident Congress will
pass GSE legislation sometime this week.
“Because of their size and scope, Fannie and Freddie stability
is critical to financial market stability,” said Paulson. “Their
continued activity is…”