Like Public Utilities: Regulating Fannie Mae and Freddie Mac

What's to be done with Fannie and Freddie? Until recently, the debate was between “nationalization” and “privatization,” with no apparent middle ground. Now, following passage of the Restoring American Financial Stability Act of 2010, a consensus may perhaps be emerging that Fannie and Freddie, which are government-sponsored enterprises, could be regulated like public utilities.