YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Fannie Mae officials announced the company will seek $3.7 billion from taxpayers after reporting a $6.5 billion net loss in its most recent quarter.
Under government conservatorship since the 2008 financial crisis, Fannie Mae officials said the Federal Housing Finance Agency, which oversees its operations, would pursue the taxpayer funds.
Rep. Jeb Hensarling, R-Texas, of the House Financial Services Committee, called the proposal a “bailout request.”
“Americans deserve better,” he said in a statement. “That’s why Congress can and should enact comprehensive housing finance reform this year to create a sustainable housing system.”
Read more from Fox Business.
Moseley’s Discount Office Products was purchased; Side Chick opened in Branson; and the Springfield franchise store of NoBaked Cookie Dough changed ownership.
Warby Parker store planned in Springfield
Open for Business: Moseley’s Discount Office Products
Biblical history attraction planned at former Andy Williams theater
$337K in ARPA funds awarded by Greene County
Photo Gallery: 2024 Men of the Year
Hamra Enterprises creates role to support philanthropic work
What an incentive to pay taxes - so government agencies like Fannie Mae [Whom we have bailed out before] can mismanage what they get and instead of fixing the problem that caused it they just ask for more. Sounds like some teenagers I've known except times a BILLION.