Ed Royce: “We should probably ask the GAO to see if we can find a very inexpensive way in order to create a template here.”

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.

The power and influence they wielded had few peers.

Let me begin by thanking Mr. Engel, the author of this measure, and I express my deep appreciation for his help in all that we have undertaken with our committee. There are, as Eliot knows, 70 million men, women, and children who have been…

There's no politics in this one. It's just to help people, because we don't get any more money out of this.