Monday, April 21, 2025

Events | 2008.07.23

White House says Bush will sign housing bill (Reuters)

Graphic fact file on US housing finance giants Fannie Mae and Freddie Mac, which were put under Federal Reserve oversight and given bigger credit lines. US Treasury Secretary Henry Paulson warned Tuesday that more time will be needed to get past the current financial turmoil and called for better regulation to prevent a recurrence.(AFP Graphic/Martin Megino/Gal/Js) Reuters - President George W. Bush on Wednesday dropped a threat to veto a housing rescue bill, clearing the way for measures meant to shore up the worst U.S. home market since the Great Depression.


 

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