Jim Bunning: “I am also concerned about the potential for market manipulation and fraud.”

I am frustrated, and I know my colleague, Senator Schumer, is frustrated. We are trying to act in the best interest of our workers and the United States of America.

Should we not be concerned about the impact this, paired with the large budget deficits that this administration has projected, will have on my 40 grandchildren and future generations?

It seems impossible and outrageous that it took 8 years from the time that possible fraud was identified before the SEC spent any energy on enforcing the law.

Are the Fed and the GSEs going to aggressively pursue pull-back of mortgages to the originators and investment banks to reduce taxpayer losses?