Ed Royce: “My view is that the U.S. should pursue a whole of Government strategy that does not rely exclusively on CFIUS.”

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.

It has ended largely the pandemic, 16 million to 17 million people's lives have been saved.

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…