Barney Frank: “The notion that people will not be able to make loans unless they can securitize without risk retention I think is a…”

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

If you're going to dip your fingers in the Federal till, don't complain if a little democracy rubs off on them.

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

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.