Barney Frank: “I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.”

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.

Barney Frank said that he believed that it was a war on crypto that motivated this--not a systemic risk of crypto.

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