WASHINGTON, DC - MARCH 29: Rep. Scott Garrett (R-NJ) (2nd L) speaks during a news conference to discuss a Fannie Mae and Freddie Mac reform plan with (L-R) Rep. Ed Royce (R-CA), Rep. David Schweikert... more 
WASHINGTON, DC - MARCH 29: Rep. Scott Garrett (R-NJ) (2nd L) speaks during a news conference to discuss a Fannie Mae and Freddie Mac reform plan with (L-R) Rep. Ed Royce (R-CA), Rep. David Schweikert (R-AZ), Rep. Steve Pearce (R-NM) and Rep. Judy Biggert (R-IL) at the U.S. Capitol March 29, 2011 in Washington, DC. The House Republican legislation would work toward shrinking the taxpayer-backed mortgage giants' role in the housing market by reducing their mortgage investments and end requirements that direct a portion of their business to low- and moderate-income housing, among other reforms. (Photo by Chip Somodevilla/Getty Images) less 
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Getty Images | Photo By Chip Somodevilla / Getty Images
Tue, Mar 29, 2011 9:52 PM EDT