Political Quotes

Richard Shelby: “But it seems to me that it makes no sense for Fannie and Freddie, in other words, the implied guarantee of the taxpayer…”

On the recordApril 17, 2013
But it seems to me that it makes no sense for Fannie and Freddie, in other words, the implied guarantee of the taxpayer, to have 100 percent, or close to it, of the mortgages in today's market.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby argues against taxpayer guarantees for Fannie and Freddie's mortgages.

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