Ed Royce: “We need to send a message to let the people know that we are serious that we are on the side of the people and not the…”

I would like to caution against making a bad situation worse.

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.

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

It has been an honor, Mr. Yoho, to work with you.