Bob Corker: Fannie Mae and Freddie Mac can be reformed this year

A key senator said Thursday that lawmakers might be able to reform Fannie Mae and Freddie Mac this year, citing a forming consensus among outside groups. “I truly believe we’re going to be able to pass a piece of legislation this year,” said Bob Corker, a Tennessee Republican, speaking at a Senate Banking Committee hearing on the topic. The two government-sponsored enterprises have remained in the government’s hands since being bailed out during the housing crisis in 2008. Since then, legislation has fallen short, including a bipartisan 2014 effort led partly by Corker

Source: Washington Examiner

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