None loom larger than the monopoly powers that were granted to Fannie and Freddie, coupled with the so-called housing mission, that essentially mandated they loan money to people to buy homes that ultimately they could not afford to stay in.
Jeb Hensarling: “None loom larger than the monopoly powers that were granted to Fannie and Freddie, coupled with the so-called housing…”
Editor's note · Context
Hensarling critiques the monopoly powers of Fannie and Freddie contributing to the recession.
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