Ed Royce: “I think the need for cross-border resolution of compromised financial institutions was made pretty painfully apparent…”

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 thank Mr. Engel of New York for his friendship for over 20 years on the committee, but also for his shared leadership over the last 6 years on this committee. I would also like to thank him for his commitment over the years…

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

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