And I know from my personal work on that bill with Congressman Frank that we tried at every turn to try to make a distinction between the regulation against the big banks that caused the problem and the community banks who did not cause…
Michael Capuano
The Public Record
Mike Capuano is a former U.S. Representative from Massachusetts, serving from 1999 to 2019. A member of the Democratic Party, he represented Massachusetts's 8th congressional district. During his tenure, Capuano was known for his advocacy on issues such as healthcare, education, and civil rights. He served on several committees, including the Transportation and Infrastructure Committee, where he focused on infrastructure development and public transportation improvements in his district.
But if they do, would you let us know? Because I would like to know that Congress thinks you shouldn't be doing your job by talking to people on an international basis.
If one of my constituents were to loan me money and not allow me to pay them back, what would you call that?
If we are going to ask ridiculous questions, I just think we may as well go to the logical extreme of absurdity.
But there is conservatorship because you won't let them out. You won't let them pay off their debt.
If that is the case, how long are you going to keep holding Fannie and Freddie hostage?
So that goes in the general fund, and we, Congress, and you, the Administration, in the normal course, can spend it any way we want?
Mr. Chairman, I would like to congratulate the gentleman from Florida. Again, he stands up tall to defend the idea of passenger rail. We totally agree on that concept. We totally agree on trying to make-- especially the Northeast …





