For years, political watchdog groups have complained  about Fannie and Freddie Mac’s intense lobbying efforts to influence lawmakers.

Secretary of the Treasury’s latest statements and intention of backstopping both Fannie and Freddie’s securities by the U.S Government have raised serious questions of conflict of interest.

The real question is, how can these institutions be allowed to spend 10’s of millions of dollars lobbying when their debts are now covered by the taxpayers.

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