Barney Frank actually said...

I do not want Fannie and Freddie to be just another bank. If they were not going to do more than another bank, would because they have so many advantages, then we do not need them.

Context

Frank expressed the need for Fannie and Freddie to serve a unique purpose beyond traditional banking.

09/24/2003

https://congress.gov...

More Barney Frank Quotes

It was not his intent that asset managers be designated for heightened prudential standards or supervision by the Federal Reserve Board beca...
6/23/2014
SIFFY, as with all due respect some people, including on the committee, have pronounced it, sounds like a disease.
5/19/2014
It just seems to me a listing of possible horror stories with no indications that there was any significant likelihood of any of it happenin...
2/4/2014
it just seemed to me a listing of possible horror stories with no indications that there was any significant likelihood of any of it happeni...
1/28/2014

View All Barney Frank Quotes