Fannie mae and Freddie mac are public institutions owned by and functioning for (supposedly) the American people. We, the citizens of the United States, together are the shareholders in these institutions.
This is a travesty and it is ABSOLUTELY unconstitutional!
Unconstitutional you say? Hmmmm, that seems to be par for the course for this evil administration.
Freddie and Fannie are technically private corporations. While they may be in receivership by the Feds at the moment, and own a federal charter, they are still ostensibly private.
While this is a nice tempest in a teapot to get worked up over, I prefer that a stand is taken to deny FOIA requests about private companies rather than the converse. Would you like any company which gets a dime from Uncle Sam or even a guarantee to be on the hook for FOIA requests? Don’t you see what damage the left would do with such a tool?
It’s always prudent to look for the unintended consequences when you try to push through radical changes like this request.
As for Fannie and Freddie being under the control of the Feds, that is a recent thing from them going broke. Before that they did more of the string pulling to be quite honest with their horde of bought congressmen.