Barney Frank: “FSOC's power to recommend more stringent regulation of specific activities and practices has distinct public policy…”

Just as I would say if you say you'd believe in racial discrimination or religious discrimination, any time you are at an agency that's in charge of protecting and enforcing constitutional rights and you express your view that that…

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…

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

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