USANews版 - Congressman Confirms Fed Rescue of Lending Giants |
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发帖数: 2249 | 1 WASHINGTON — A top House Democrat confirmed Saturday that the government
is planning to intervene to stabilize troubled mortgage finance companies
Fannie Mae and Freddie Mac.
Rep. Barney Frank, D-Mass., the chairman of the House Financial Services
Committee, said in a statement that Treasury Secretary Henry Paulson "
intends to use the powers that Congress provided it" in a law passed in July
to enable Fannie Mae and Freddie Mac to keep functioning.
But Frank, who spoke with Paulson late Friday |
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