With $150 billion in taxpayer funds already spent propping up Fannie Mae and Freddie Mac, and hundreds of billions more a possibility, it is clear that this will be the most expensive Federal bailout in response to the financial crisis.
Hurt discusses the financial burden of government bailouts for Fannie Mae and Freddie Mac.
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I am pleased that this subcommittee has taken the time to analyze regulatory overreach in the Dodd-Frank Act.
What I hate to see, and I know we all agree on this, is one more reason why the American people don't trust the Federal Government.
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