Ed Royce: “I support this amendment. There were a number of amendments that Mr. Poe was considering offering.”

There have been numerous reports of senior executives at the GSEs meeting with Federal policymakers to advocate for being taken out of conservatorship.

The power and influence they wielded had few peers.

I would like to thank Mr. Engel of New York for his friendship for over 20 years on the committee, but also for his shared leadership over the last 6 years on this committee. I would also like to thank him for his commitment over the years…

I hope this Administration and this Congress have learned something from this failed duopoly and do the hard work necessary to reform our housing finance system.