I want to say some of these programs, which are very important programs, CDBG, HOME, they have been well run for years, they have been frozen, they have been level-funded, the need has increased. I hope out of this comes an increased recognition that we need to increase the funds.
Discussing the funding and importance of community development programs.
Share
More from Barney Frank
I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.
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.'
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.
Barney Frank said that he believed that it was a war on crypto that motivated this--not a systemic risk of crypto.
Other voices in this conversation
