Barney Frank: “I don't think asset managers or insurance companies that just sell insurance, as it is traditionally defined, are…”

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

I don't feel respected. I don't feel that this is kind to single out what I do.

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.

No one doubts that if a change in administration comes and the new President disagrees with the existing Director, he or she can be removed.