Since 1997, when Fannie and Freddie became GSEs, publicly owned but operating under Congressional oversight, and outside the authority of the Executive Department, exactly what would a President Taft have done that President Bush didn't do?
The executive has never recognized any limits on its authority for decades.
He could have done something. He didn’t.
He could have let Wall street collapse instead of bailing them out.
How’s that? Taft would have let them all go bankrupt! HAH!