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 […]

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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 […]

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