Richard Shelby actually said...

that is, it sits in the taxpayer's lap, like it is today, Fannie and Freddie--and privatize the profits. That is a dangerous situation, is it not?

Highlighting concerns about socializing risk and privatizing profits with Fannie Mae and Freddie Mac.

05/09/2011

More Richard Shelby Quotes

I'm glad to join you here as, you, the chairman of the subcommittee, and this is my first day as ranking member.

I have a number of questions for the record, Doctor.

Just common sense.

The one thing everyone agrees on is that anti-fraud efforts have not begun to keep pace with the scope of the problem.