When Fed chairman Alan Greenspan recently told the U.S. Senate Banking Committee that the privatization of Fannie Mae and Freddie Mac was his "goal," he put the question of privatization on the table, in a serious way, for the first time in many years. Greenspan’s statement has resulted in many editorial endorsements and significantly increased interest in the media, but it has also raised many important questions: how would something like this be done without disrupting the residential-mortgage market, and what would or could the mortgage-finance system look like after privatization? These questions are answered in the plan developed in an AEI project over the last several months. The plan has now been embodied in legislative language, with a section-by-section analysis and a comprehensive statement of why privatization is necessary. The plan has been reviewed and refined through comments at three previous conferences. In this conference, the final proposal and legislation will be discussed.
What's new on AEI
|The Census Bureau and Obamacare: Dumb decision? Yes. Conspiracy? No.
|A 'three-state solution' for Middle East peace|
|Give the CBO long-range tools|
|The coming collapse of India's communists|
Join a diverse group of panelists — including sociologists, education experts, and students — for a discussion of how public policy and culture can help families lay a firmer foundation for their children’s educational success, and of how the effects of paternal involvement vary by socioeconomic background.
This event will coincide with the release of a new report by AEI’s Mary Habeck, which analyzes why current national security policy is failing to stop the advancement of al Qaeda and its affiliates and what the US can do to develop a successful strategy to defeat this enemy.
During this event, experts with many different views on the ACA will offer their predictions for the future.