White House dismisses report on Fannie, Freddie
WASHINGTON |
WASHINGTON Aug 6 (Reuters) - The White House dismissed on Thursday a Washington Post report that U.S. officials were considering a plan to isolate failing assets held by Fannie Mae FM.N and Freddie Mac FRE.N.
"The story out today is light years ahead of any decision-making process here," White House spokesman Robert Gibbs told reporters. "Safe to say that many senior administration economic officials learned of this proposal sometime this morning."
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