Shadow Secretary of State for Digital, Culture, Media and Sport Estate. Should the relevant party take office, the Shadow Secretary would be a likely candidate to become Culture Secretary. The post became necessary when John Major created the Department of National Heritage in 1992. When the Coalition Government took office, they merged the office of Culture Secretary with that of Minister for the Olympics (Jeremy Hunt had shadowed both roles in Opposition). Labour retained as its Olympics spokesperson Tessa Jowell, who had been Olympics Minister from the inception of the office. Because it never merged the responsibilities, it has retained the name "Culture, Olympics and Sport" (as has indeed the
Federal takeover of Fannie Mae and Freddie Mac in 2008". CBS News reported on August 6, 2015, that Fannie Mae alone has paid a total of $142.5 billion in dividends since receiving a bailout of $116 billion in 2008. On September 24, 2012, a judge dismissed a class-action lawsuit that contended that Freddie Mac made misleading statements about its exposure to risky loans in the run-up to the company's federal takeover. As of 2018, profits from Fannie Mae and Freddie Mac are still being sent to the Treasury Department. On August 10, 2011, the Federal Housing Finance Agency asked investors for ideas on renting homes owned by Fannie