On the recordMarch 4, 2009
I think in retrospect, the fact that we did not give the Federal Government the right to regulate for systemic risk with respect to Fannie and Freddie was clearly a mistake.
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congress.govEd Royce: “I think in retrospect, the fact that we did not give the Federal Government the right to regulate for systemic risk with…”
Editor's note · Context
Royce reflects on past regulatory decisions regarding Fannie Mae and Freddie Mac.
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