World News Insights
1-3 Minute Gist

All Topics Group

The bipartisan Senate proposal of Tim Johnson and Mike Crapo in 2014 to replace Fannie and Freddie with a new system removing the implicit government guarantee

03/11/2014

The Senate proposal has the support of the Obama administration. A broad consensus is emerging that a new system that removes the implicit government guarantee should be set up to put in place the last piece of needed reforms to the financial system. The proposal in the House removes the government backstop to Fannie and Freddie entirely.

Grouped Articles

Plan for Mortgage Giants Takes Shape

Wall Street Journal 03.12.2014

Putting the Hit on Fannie, Freddie

Wall Street Journal 03.12.2014

Senators Draft Housing Finance Overhaul

New York Times 03.11.2014


Support LyrArc

We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.

Support Lyrarc from as small as $1


Copyright © 2006 - 2026 Intelilinks LLC
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us