I would look forward, as I think many on our side would, and I know the ranking member would, we would love to reexamine the RICO statute across the board and deal with abuses, and on that basis I thank the gentleman and we will be cooperative.
Discussing the need to reexamine the RICO statute.
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We should have made it much higher, $125 billion or more, and we should have indexed it.
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.
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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