Ed Royce: “We do have a situation where we have seen the unraveling of democratic values in several countries over the last decade.”

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

But I will ask both of you, we have got to engage with countries across Africa even the most challenging countries.

Clearly there is strong bipartisan support for well-resourced, broad engagement in Africa.

In the decade leading up to the financial crisis of 2008, Fannie Mae and Freddie Mac spent nearly $200 million on lobbying activities and campaign contributions.