Friday, June 04, 2010

Geithner: Fannie and Freddie next for reform

The Hill reports:
Geithner said that embattled mortgage lenders Fannie Mae and Freddie Mac will be addressed once work is finished on financial reform.

Treasury Secretary Timothy Geithner said Thursday that embattled mortgage lenders Fannie Mae and Freddie Mac will be addressed once work is finished on the financial regulatory reform bill.

Geithner told CNBC said that he is confident that Congress and the White House will move "quickly" to reform the government-controlled firms.