White House says changes to Fannie, Freddie on deck

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http://www.reuters.com/article/idUSTRE66A1DH20100711?type=politicsNews&feedType=RSS&feedName=politicsNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Reuters%2FPoliticsNews+%28News+%2F+US+%2F+Politics+News%29

Republicans should not use problems at mortgage finance giants Fannie Mae and Freddie Mac as an excuse to vote against sweeping changes to the rules of Wall Street, White House spokesman Robert Gibbs said on Sunday.

"We are going to reform Fannie Mae and Freddie Mac," Gibbs said on NBC's Meet the Press.

(snip)
Many Republicans have criticized the legislation for essentially ignoring any changes to Fannie Mae and Freddie Mac.

"But that is not an excuse to leave in place the rules that brought us this financial calamity," Gibbs said.