Hill Responds to Fannie Mae and Freddie Mac Bailout Request
Congressman French Hill, Majority Whip of the House Financial Services Committee, issued the following statement, criticizing Fannie Mae’s and Freddie Mac’s request for a $4 billion bailout from the U.S. Department of the Treasury, and calling for Federal Housing Finance Agency (FHFA) Director Mel Watt to suspend payments to the Housing Trust Fund. “As a taxpayer in this country,…