Obama May Turn Reform Efforts To Fannie, Freddie In 2nd Term

Law360, New York (November 6, 2012, 12:00 AM EST) -- President Barack Obama achieved most of his goals for financial sector reforms with the 2010 Dodd-Frank Act, but Tuesday's win should give the White House a renewed drive to tackle one big task left on his financial overhaul agenda: reforming Fannie Mae and Freddie Mac.

The Dodd-Frank Wall Street Reform and Consumer Protection Act, signed by Obama in 2010 in the wake of the financial crisis, instituted a sweeping reform of the financial sector, but the law did not address how to lessen the role that...
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