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Little bit of a fund, $50 billion, funded by industry to keep the lights on until you could borrow enough money using the fdic process to orderly resolve and get rid of the firm. now, if there's a way to cut that back or make it smaller, i'm willing to look at it. i'd love to hear from senator mcconnell and the others specifics, not just general attacks. one of the things that i think is a bit hypocritical, if there hadn't been this fund, there potentially could be a gap in financing right there where the taxpayers could again be exposed. >> the democrats have really gone after mitch mcconnell...

Mae, they are getting a grilling before congress. let's bring in fox business network's gerry willis. does this mean changes are coming for freddie? >> there's got to be some changes because frm and freddie maco fannie mae and freddie mac are responsible for 90 percent of the housing market, thanks to the financial armageddon, all this help in finance is not working. in fact you and i are sponge soring will because fannie mae and freddie mac are owned by u.s. taxpayers. they are trying to figure out how to get the market back on its feet. we have a thought from timothy geithner, treasury secre...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.