I want to finish the answer. We had a hearing before the Committee on the Judiciary last year and several people came forward, including one particular case in Oklahoma where people were beaten and were not given any prosectorial defense.
Discussing a hearing on judicial issues and cases of abuse.
Share
More from Barney Frank
One thing that not only Barney Frank, Ms. Barnes and also Sandra Day O'Connor, Justice O'Connor agreed on is that that Kelo decision stripped those three words out of the Fifth Amendment, 'for public use.'
We should have made it much higher, $125 billion or more, and we should have indexed it.
I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.
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.
Other voices in this conversation
