Our Founding Fathers showed their genius when they created a dynamic that encourages extending the hand of compromise across divides for the common good.

We have just seen a fine example of this in the compromise reached between Fannie Mae and Freddie Mac on the one hand and Rep. Richard Baker on the other. The agreement between the Louisiana Republican and the government-sponsored enterprises is a victory for all of us who are concerned about the safety and soundness of the financial system, and both sides should take a bow for this historic step.

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