Barney Frank: “I agree that we should be moving in a direction of reducing unnecessary regulation, particularly on smaller entities.”

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.

People around the world have learned they can claim asylum and remain in the U.S. indefinitely to pursue their claims.

It was a great mistake to push lower income people into housing they couldn't afford and couldn't really handle once they had it.

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