This month marks the ninth anniversary of the start of the Great Recession. And today, the U.S. economy still remains susceptible to a pair of major drivers behind that crisis: Fannie Mae and Freddie Mac.

As the crisis exhibited all too clearly, the government-sponsored enterprise duopoly system creates systemic risk for everyone, most notably to taxpayers, who have paid out trillions in bailouts. Congress must act to reform these two giant government-sponsored enterprises in order to prevent future taxpayer-funded bailouts and protect the savings of American families.