Political Quotes

Ed Royce: “We have put them at a significant disadvantage so that the smaller the institution, the larger the disadvantage”

On the recordApril 25, 2017
We have put them at a significant disadvantage so that the smaller the institution, the larger the disadvantage
Said by
Ed Royce
Republican · California

Editor's note · Context

Royce discusses the regulatory burden on smaller financial institutions.

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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.

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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.

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