Political Quotes

Richard Shelby: “Millions of mortgages are underwater, and Fannie and Freddie continue to lose money at the expense of the American…”

On the recordMay 7, 2012
Millions of mortgages are underwater, and Fannie and Freddie continue to lose money at the expense of the American taxpayer.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Senator Shelby points out the financial burden on taxpayers due to Fannie and Freddie's losses.

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