Barney Frank: “I had not previously thought that the Majority was waiting around for the President to suggest to them what to do.”

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

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.

Congress generally, and this subcommittee in particular has historically played a critical role in strengthening accountability at the World Bank.