On the recordMarch 30, 2011
As former Chairman of the Federal Reserve Alan Greenspan said, their failure, Fannie and Freddie, is because they paid whatever price was necessary to reach the goal.
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congress.govAs former Chairman of the Federal Reserve Alan Greenspan said, their failure, Fannie and Freddie, is because they paid whatever price was necessary to reach the goal.
Royce cites Greenspan on the failures of Fannie and Freddie due to government mandates.
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I plan to introduce legislation with two objectives: The first, to explicitly prohibit Fannie and Freddie from engaging in lobbying activities while in conservatorship.