Obama to push economic policies ahead of State of the Union
The Hill - January 3, 2015 - January 5, 2015
The Hill, By Kevin Cirilli
The next day, he’ll head to Phoenix, where he’ll emphasize that the housing industry is showing signs of improving. Lawmakers have yet to pass a comprehensive housing reform package, despite bipartisan efforts in the Senate.
Taxpayer-backed mortgage giants Fannie Mae and Freddie Mac repaid their bailouts following the 2008 economic collapse, but Obama and most lawmakers have argued that their government conservatorship cannot be permanent. Several Congressional proposals on both sides of the aisle have called for their demise, replacing it with a new government-sponsored entity.
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