On the recordFebruary 3, 2009
The GSEs, I think, if I may say so, with the connivance of the Congress, were considered to be something special and they would be protected.
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congress.govRichard Shelby: “The GSEs, I think, if I may say so, with the connivance of the Congress, were considered to be something special and…”
Editor's note · Context
Shelby discusses Congress's role in protecting GSEs during bailouts.
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