Political Quotes

Richard Shelby: “I fear that the bank will simply be a new GSE or something like it and we will face another Fannie and Freddie-type…”

On the recordSeptember 20, 2010
I fear that the bank will simply be a new GSE or something like it and we will face another Fannie and Freddie-type entity that will cost the taxpayers money down the road.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Senator Shelby expresses concern about the risks of an Infrastructure Bank benefiting private investors at taxpayer expense.

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