The U.S. Treasury is in a bind. Everyone seems to agree that Fannie and Freddie, wards of the government, should be downsized. But how to do it without damaging the housing recovery? Extreme conservatives even want to abolish them, along with the Federal Reserve, Departments of Commerce, Education, etc., etc.
via Harlan Green: The Fannie Mae/Freddie Mac Dilemma Won’t End Soon.