Barney Frank: “It was MIT that was the real hero of this, and to whom I think credit should be given.”

It was because they were banking crypto, not because they were insolvent.

I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.

It was a great mistake to push lower income people into housing they couldn't afford and couldn't really handle once they had it.

Congress generally, and this subcommittee in particular has historically played a critical role in strengthening accountability at the World Bank.