Court Hears Case On Fannie Mae, Freddie Mac

Court Hears Case On Fannie Mae, Freddie Mac

Assessment

Interactive Video

Social Studies

University

Hard

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The video discusses the potential changes in the governance of Fannie Mae and Freddie Mac, focusing on the President's authority to dismiss the head of the overseeing agency. It explores the implications of reversing an agreement made after the 2007 housing market crash, which directed significant profits to the Treasury. The video also examines the constitutional questions surrounding the agency's structure.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What action would the President be allowed to take regarding the head of the agency?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the purpose of the agreement made between the feds and the companies after the 2007 housing market crash?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the 2007 housing market crash impact the profits of Fannie Mae and Freddie Mac?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the financial outcome for the Treasury as a result of the actions taken regarding Fannie Mae and Freddie Mac?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the Justices investigating about the agency structure?

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