Barney Frank: “Is there any coincidence to the fact that the gentleman is not running again that he brings up the pay raise?”

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

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

Fannie Mae and Freddie Mac do very good work, and they are not endangering the fiscal health of this country.

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.