Barney Frank: “There is room for honest disagreement, but to suggest that I in any way said jobs aren't important is simply silly. Of…”

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

Critically I made sure that the United States reserve the right to maintain and enforce existing sanctions and even to deploy new sanctions to address those continuing concerns which we fully intend to do when circumstances warrant.

I urge staff to pay close attention to the differences in products offered by nonbank institutions and to be mindful of Congress's intent in financial reform that State consumer protection laws be preserved to the extent possible.

I do guard the station. I hope you're not, Representative Mulvaney, equating a tax exemption with a Federal grant.