12/09/2009
https://www.congress.gov...
"We need to end the Government conservatorship of Fannie Mae and Freddie Mac, and we need to do so in a way that protects taxpayers, establishes an explicit and paid-for Government guarantee, and provi..."
"you said you would tackle principal reduction. I asked you about it repeatedly, but for 2 years after you were sworn in, you did not move an inch on this."
"Congress specifically required FHFA to consider principal reduction to achieve those goals."
"I think it is important that they be public. We cannot exercise oversight without them."