Candidates Respond to Fannie, Freddie News on Sunday Shows

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.

Related Topics: News
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