President Obama wants to shut down Fannie Mae and Freddie Mac. The two government-backed mortgage giants own or guarantee half of all US mortgages. The move is part of a proposed overhaul of the nation's mortgage finance system. Sally Kidd reports from Washington.
The White House celebrated the upcoming departure of Eric Holder on Friday night in a ceremony that brought tears to President Barack Obama's eyes and featured Aretha Franklin literally singing the attorney general's praises.