I would also say I was a little bit surprised to hear my friend from California worried so much about the rights of people under trade secrets because I had previously in my conversations with him and in his amendment understood him to be somewhat critical of the trade secrets doctrine and to be interested in narrowing it substantially.
Discussing trade secrets and a colleague's stance on the issue.
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Fannie Mae and Freddie Mac do very good work, and they are not endangering the fiscal health of this country.
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.
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