Ed Royce: “Do Ginnie, Fannie, and Freddie have the legal authority to do more, including increasing the front end risk sharing?”

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.

I want to begin by recognizing the efforts of Mr. Smith, Chair of the Subcommittee on Africa, Global Health and Global Human Rights, and Ranking Member Engel for their strong leadership on this critical issue. Mr. Speaker, for seven years…

The headlines are pretty clear: ``Hurricanes Bigger and Costlier than Ever Before''; ``2.3 Billion People Affected by Flooding Disasters in 20 Years''; ``Rising Sea Levels Could Cost the U.S. Trillions.'' Yet, somehow, Congress fails to…

Let me begin by thanking Mr. Engel, the author of this measure, and I express my deep appreciation for his help in all that we have undertaken with our committee. There are, as Eliot knows, 70 million men, women, and children who have been…