Barney Frank: “I regard the enactment of Social Security and Medicare as two of the great accomplishments of this country in the 20th…”

I think it is clear that Fannie and Freddie are sufficiently secure so they are in no great danger.

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 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.

It was a great mistake to push lower income people into housing they couldn't afford and couldn't really handle once they had it.