MS. PERINO: Well, President Bush -- but remember what I'm talking about in terms of this GSE reform. The key part of that, it would establish an independent strong regulator for the housing GSEs. They would do basically two things: One, make sure that the housing GSEs are focused on their core mission, which is to help homeowners, and in particular, help low-income homeowners. And secondly, it would provide for a regulator to make sure that the GSEs are well-capitalized, which will then, overall, help the stability in the marketplace, and then hopefully help improve the economy.
seen at 09:00, 23 July
in
Whitehouse Press Briefings.
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