In this April 8, 2011 file photo, Rep. Jeb Hensarling, ...

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Alex Brandon | published: April 26, 2011

In this April 8, 2011 file photo, Rep. Jeb Hensarling, R-Texas, is surrounded by reporters on Capitol Hill in Washington. Shutting down Fannie Mae and Freddie Mac should fit seamlessly into the Republican drive to shrink government. After all, it has cost taxpayers $150 billion to keep the ailing mortgage giants afloat and many in both parties would rather let the private sector handle their role in financing the nation’s $11.3 trillion residential mortgage market.



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