"...Despite widespread concern about losses suffered by Fannie Mae and Freddie Mac, the two giant housing finance companies, the Bush administration’s call for quick passage of legislation to authorize the use of government funds to save them ran into heavy fire, especially among some Republicans concerned about taxpayer liability. The opposition threatened to slow down the rescue plan, especially if lawmakers insist on making major changes to the package, which would allow the Bush administration to use the United States Treasury to help Fannie and Freddie by lending them money and buying their stock..."
