Senator John McCain did warn two years ago that Congress should rein in Fannie Mae and Freddie Mac, but he overstates the role he has played, interviews and records suggest.
Senator John McCain did warn two years ago that Congress should rein in Fannie Mae and Freddie Mac, but he overstates the role he has played, interviews and records suggest.
The financial turmoil has left Washington in the midst of a convulsion that both parties are struggling to understand.
The financial turmoil has left Washington in the midst of a convulsion that both parties are struggling to understand and keep from turning against them.
The financial turmoil has left Washington in the midst of a political convulsion that both parties are struggling to understand and turn to their advantage — or at least keep from turning against them.
The financial turmoil has left Washington in the midst of a political convulsion that both parties are struggling to understand and turn to their advantage — or at least keep from turning against them.
Franklin Raines and two other top Fannie Mae executives are paying a total of nearly $31.4 million in a settlement with the government over their roles in a 2004 accounting scandal.