Barney Frank: “It is one thing to have fairly intrusive compensation restrictions when people are getting money directly; it is another…”

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…

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.

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