Ed Royce: “There is a common theme between the underlying bill and the ranking member's substitute, and that theme is the need for…”

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.

I hope this Administration and this Congress have learned something from this failed duopoly and do the hard work necessary to reform our housing finance system.

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

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