_____________________ are private enterprises that were publicly chartered by Congress to reduce the cost of borrowing to certain sectors of the economy such as farming, housing, and student loans.

Question

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Government-sponsored enterprises (GSEs) were created by Congress to provide funding for specific sectors of the economy, and they are privately owned but publicly chartered by the government. Some examples of GSEs include Fannie Mae and Freddie Mac, which provide funding for the housing market, and Sallie Mae, which provides funding for student loans. GSEs operate with a mission to promote access to affordable credit while also minimizing risk to taxpayers.

_____________________ Are Private Enterprises That Were Publicly Chartered by Congress