Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
Inside Washington (09/09/2008)
* WASHINGTON (9/10/08)--Congress and policymakers are working to decide the futures of Fannie Mae and Freddie Mac after the government placed the two housing giants into conservatorship over the weekend (The New York Times Sept. 9). It could be at least a year before Congress and the new president decide on a new role for Fannie and Freddie. Some Treasury Department officials said they would like to use the two as public utilities, regulating their profits and activities and reducing their investment portfolios. Democratic lawmakers would like to see Fannie and Freddie help provide more affordable housing. Free-market theorists would like to break up the two companies or liquidate them after the housing crisis has ended. The issue will not be worked out until the new president is elected and the Senate meets on the institutions’ rescue ... * WASHINGTON (9/10/08)--The Treasury Department will launch its multimedia campaign on consumer credit Sept. 16. The department will debut TV spots, radio spots and a new website, www.controlyourcredit.gov, targeted at young adults ...


RSS





print
News Now LiveWire
Gas prices have fallen for a record 88 days in a row says @AAAnews via @washingtonpost http://t.co/c52VTdqHEB
37 minutes ago
.@TheNCUA releases regulatory modernization initiative results (PDF link) http://t.co/pgLZe4aget
1 hours ago
#FinCEN seeks nominations of FIs, trade groups for membership on Bank Secrecy Act advisory group http://t.co/l5w58c277W
2 hours ago
MI pediatric dentist pledges $20K match to Hurley Children's Hospital if it wins @CUDirect's 20 for 20 http://t.co/Eq2nIPm6jo
2 hours ago
Kids learn budgeting with M&Ms http://t.co/SzXipTLX12
3 hours ago