Fannie Mae

Former New Hampshire U.S. Sen. Warren Rudman defended U.S. Sen. John Sununu's (R-Waterville Valley) stance on the financial bailout and said Sununu has been at the forefront of reforms for various financial institutions.

Rudman told reporters on a conference call that Sununu offered legislation to reform Fannie Mae and Freddie Mac years ago but was blocked by congressional Democrats.

For Immediate Release

September 16, 2008

Contact:        Mark Bergman

                202-225-5206

Congressman Paul Hodes Statement on the Severance Packages for Fannie Mae, Freddie Mac Executives

Washington, DC--- Congressman Paul Hodes released the following statement upon news that the US Treasury Department will not pay millions in severance packages for CEOs of Fannie Mae and Freddie Mac.

FOR IMMEDIATE RELEASE:                                CONTACT: BARBARA RILEY

9/7/08                                                                          202-224-2841

                                                                                    LIZ CHAMBERLAIN

                                                                                    603-430-9560

SUNUNU STATEMENT ON UNITED STATES GOVERNMENT

TAKEOVER OF FANNIE MAE AND FREDDIE MAC

WASHINGTON, DC – United States Senator John Sununu (R-NH) today (9/7) issued the following statement regarding the announcement that the federal government will take over the mortgage finance giants Fannie Mae and Freddie Mac: