Barney Frank: “I would have to look at the specifics. I am generally in favor of that...”

Barney Frank said that he believed that it was a war on crypto that motivated this--not a systemic risk of crypto.

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.

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