Ed Royce: “Risk-sharing with the private sector is a way to slowly but quite surely remove the Federal Government's grip on the…”

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 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.

I plan to introduce legislation with two objectives: The first, to explicitly prohibit Fannie and Freddie from engaging in lobbying activities while in conservatorship.