Ed Royce: “There is no dispute, though, that State regulation failed to detect and address a number of these major problems with…”

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

There have been numerous reports of senior executives at the GSEs meeting with Federal policymakers to advocate for being taken out of conservatorship.

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

But I will ask both of you, we have got to engage with countries across Africa even the most challenging countries.