Author Archive
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Jun 26, 2025Fannie Mae and Freddie Mac are the dominant companies in U.S. housing finance, which is the biggest credit market after government debt. They are huge, with combined assets... -
Apr 30, 2025The Federal Reserve and its supporters constantly declare that the Fed is and should be “independent.” Whether it is or should be independent of the elected President of... -
Apr 28, 2025With the passage of the Federal Reserve Act, many hoped that the new Federal Reserve Banks would make future financial crises impossible. -
Apr 1, 2025Don’t let Fannie and Freddie turn back into GSEs.
