Richard Shelby actually said...

If Congress had acted, Fannie and Freddie could have been prevented from crowding out the private sector by backing 71 percent of mortgage originations.

Context

Shelby argues that congressional inaction allowed Fannie and Freddie to dominate the mortgage market.

11/14/2011

https://www.congress.gov...

More Richard Shelby Quotes

View All Richard Shelby Quotes