Ed Royce: “Yes. And some of that is true by monetary policy, some of that is true by fiscal policy.”

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.

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

I share the judge's sense of urgency on this and I think that is why we need fully funded programs.

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