Ed Royce: “This delay is all the more troubling given that it is happening with such a close ally, South Korea.”

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

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

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 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.