Barney Frank: “That makes no sense; for them not to be able to make that fact clear makes no sense to me.”

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.

I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.

One thing that not only Barney Frank, Ms. Barnes and also Sandra Day O'Connor, Justice O'Connor agreed on is that that Kelo decision stripped those three words out of the Fifth Amendment, 'for public use.'

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