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Fannie Mae/Freddie Mac

Obama tells ABC's "This Week" he supports a government takeover as long as shareholders and execs don't profit from it.

Adds he was briefed on the Fannie-Freddie plan by Treasury Secretary Paulson in a Friday night phone call. More excerpts here.

McCain tells CBS' "Face the Nation" he thinks the takeover "has to be done."

"I think that we've got to keep people in their homes." More excerpts here.

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The Political Schedule

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Wednesday, December 2

    • 10:40 am
    • President Obama and Vice President Biden receive the presidential daily briefing in the Oval Office
    • 12:00 pm
    • Michelle Obama holds event to thank volunteers who helped ready the White House for Christmas
    • 12:35 pm
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