Ed Royce: “The extent to which our entire financial system was and continues to be dependent upon the grades issued by NRSROs is…”

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…

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.

We just get a chance to maybe do the right thing.

These efforts build on previous U.S. sanctions as well as those by Canada, the European Union, and Switzerland.