Timothy Geithner, Jeb Hensarling

Treasury Secretary Timothy Geithner has said that a detailed plan for Fannie Mae and Freddie Mac won't come until next year. But lawmakers don't want to wait. Rep. Jeb Hensarling (R-Texas) introduced legislation last week to turn the agencies again into privately held companies over five years. Above, Geithner, right, talks with Hensarling last month before Geithner testifies before the House Budget Committee.

( Manuel Balce Ceneta / Associated Press / February 24, 2010 )

Treasury Secretary Timothy Geithner has said that a detailed plan for Fannie Mae and Freddie Mac won't come until next year. But lawmakers don't want to wait. Rep. Jeb Hensarling (R-Texas) introduced legislation last week to turn the agencies again into privately held companies over five years. Above, Geithner, right, talks with Hensarling last month before Geithner testifies before the House Budget Committee.

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