Fannie Mae, Freddie Mac, and the State of the U.S. Economy

Fannie Mae, Freddie Mac, and the State of the U.S. Economy

News of a government takeover of ailing mortgage giants Fannie Mae and Freddie Mac reveal just how dire the Administration sees the ongoing housing and credit crises. Diane and her guests discuss the move by the Treasury Department and...

News of a government takeover of ailing mortgage giants Fannie Mae and Freddie Mac reveal just how dire the Administration sees the ongoing housing and credit crises. Diane and her guests discuss the move by the Treasury Department and what it may mean for the health of the nation's economy

Guests

Rea Hederman

is a Senior Policy Analyst with The Heritage Foundation.

Greg Ip

U.S. economics editor, "The Economist"

Jared Bernstein

Chief Economist and Economic Policy Adviser for Vice President Biden and Executive Director of the Vice President's Middle Class Task Force.

Please familiarize yourself with our Code of Conduct and Terms of Use before posting your comments.

The Diane Rehm Show is produced by member-supported WAMU 88.5 in Washington DC.