We have not reformed the GSEs the way we needed to. We haven't done what needs to be done on the GSEs. This is one large step to doing that, and I believe we should. They are too big and they can take this entire economy down, and that is why we have to limit the size of them. I would encourage my colleagues to support this amendment.
The speaker is addressing the need for reforming Government-Sponsored Enterprises (GSEs) to protect the economy.
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