Ed Royce: “Then we were both new to our positions in leading the committee and we were facing a budget cut of 12 percent.”

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

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

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

Clearly there is strong bipartisan support for well-resourced, broad engagement in Africa.