Treasury Secretary Timothy Geithner said rolex Sunday the government should retain "some type" of federal guarantee to ensure that Americans can easily finance home loans, in what could be the latest aion kinah salvo between the Obama administration and Republicans over the future role of the public sector in the housing market.
The statement cuts to the heart of one of the most vexing policy questions in Washington: what to do with the costly aion power leveling government-run mortgage giants Fannie Mae and Freddie Mac. Both companies were taken over by the U.S. in 2008 as they teetered towards collapse. So far, the Treasury has injected $145 billion in taxpayer aid to acheter kamas keep the afloat and that figure could climb in the coming months.
Republicans have said the firms and their distortive role in the housing market need to be addressed dofus gold immediately. They say that their quasi-government nature allowed them to grow so large they helped fuel the financial crisis. The Obama administration has said the firms should not return to their original state. But they haven't buy ffxiv account gone as far as some Republicans that have hinted at abolishing the functions the companies performed, such as offering mortgage guarantees.
Mr. Geithner promised the administration would "bring fundamental change" and said it wouldn't "preserve Fannie
