Eighteen years after Fannie Mae and Freddie Mac failed, they remain under federal control and dominate a larger share of the mortgage market, illustrating why Congress should end federal involvement in housing finance and avoid new government-company entanglements.

Congress should privatize Amtrak and repeal government control over routes, labor relations, capital investments, and other aspects of rail operations.

The Troubled Asset Relief Program and related emergency interventions do not provide a sound precedent for normalizing government ownership, capital injections, and federal dealmaking in private firms today