Bill to Dismantle Fannie Mae and Freddie Mac Appears Stalled in Senate Committee
From RealTrends.com: A high-profile Senate bill that would dismantle Fannie Mae and Freddie Mac suffered a blow this week when key Democrats decided not to support the legislation, likely wiping out its chances of advancing to the floor this year.The bill has enough votes to pass the Senate Banking Committee, which plans to consider the measure next week. However, the bill’s sponsors — Sens. Tim Johnson (D-S.D.) and Mike Crapo (R-Idaho) — failed to win over the committee’s liberal Democrats and secure a larger majority.
