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Yes, he tried to reform it but Congress wouldn't allow it, mainly the Democrats.

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11y ago
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6mo ago

Yes, George W. Bush did warn about the potential risks posed by Freddie Mac and Fannie Mae. During his presidency, Bush repeatedly called for reforms and increased oversight of the two government-sponsored entities, raising concerns about their financial stability and the potential for a housing market downturn. Despite these warnings, however, the 2008 financial crisis was largely triggered by the collapse of these institutions.

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Q: Did George Bush warn about Freddie and Fannie?
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