Barney Frank: “I voted no on it too, Trent, and it is now a part of American history.”

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

Fannie Mae and Freddie Mac do very good work, and they are not endangering the fiscal health of this country.

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.