Ed Royce: “If an extension is suggested, it must be for a clearly defined and limited time.”

I would like to thank Mr. Engel of New York for his friendship for over 20 years on the committee, but also for his shared leadership over the last 6 years on this committee. I would also like to thank him for his commitment over the years…

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

The power and influence they wielded had few peers.

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.