Tuesday, January 25, 2011

Barney Frank Chides GOP for ‘Waiting’ on Fannie, Freddie

The Wall Street Journal reports:
A top House Democrat on Tuesday chided Republicans for not moving faster to overhaul or replace mortgage giants Fannie Mae and Freddie Mac more quickly.

Rep. Barney Frank, (D., Mass.), the top Democrat on the House Financial Services Committee, told reporters that he was “puzzled” by what he characterized as a lack of action by Republicans, who criticized the Dodd-Frank financial-overhaul law enacted last summer as incomplete without dealing with the mortgage giants.
Interesting.