Just as I would say if you say you'd believe in racial discrimination or religious discrimination, any time you are at an agency that's in charge of protecting and enforcing constitutional rights and you express your view that that constitutional right should not exist and it's damaging to the country, then you should not be in the enforcement position there.
Frank argues that those who oppose constitutional rights shouldn't enforce them.
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Fannie Mae and Freddie Mac do very good work, and they are not endangering the fiscal health of this country.
Barney Frank said that he believed that it was a war on crypto that motivated this--not a systemic risk of crypto.
For example, there are key differences in product characteristics between payday, car title, and other high-cost secured loans and more traditional closed-end unsecured lending and related products, and the products are often regulated…
I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.
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