Richard Shelby actually said...

Freddie Mac and Fannie Mae are under a conservatorship of the U.S. Government, is that right?

Shelby highlights the government control over Fannie Mae and Freddie Mac.

04/17/2013

More Richard Shelby Quotes

Madam Secretary, thank you for appearing today before the subcommittee.

And it's important to hear, because----

we want an accurate count, because this is very important to a lot of us on the Gulf.

Failure can't be an option here. It wouldn't be in the private sector. The business would be gone, would it not?