Articles About Representative Scott Garrett
- Author:
- James I. Clark III
- Posted:
- 02.23.2011
Goodbye to Fannie and Freddie
The Obama administration and the Treasury Department have decided that Fannie Mae and Freddie Mac — the public-private housing finance model in place for the past four decades – will come to an end, although they pledged to continue backing the agencies’ existing obligations. “The GSE (government-sponsored enterprise) model is dead,” an Obama administration official […]
- Author:
- James I. Clark III
- Posted:
- 02.21.2011
Democrats, Republicans Butt Heads on Fed’s Quantitative Easing 2
Federal Reserve Chairman Ben Bernanke is knocking heads with Representative Paul Ryan (R-WI), the new chairman of the House Budget Committee, about how to best control inflation while buying billions of dollars worth of Treasury bonds to build up the economy in a process called quantitative easing 2 (QE2). As the nation’s debt climbs to […]