I don't think you would want either Republicans or Democrats, I don't think either one would want 15, 20 percent of their economy in conservatorship for years and years.
Melvin Watt: “I don't think you would want either Republicans or Democrats, I don't think either one would want 15, 20 percent of…”
Editor's note · Context
Watt expresses concern over long-term conservatorship in the economy.
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I think if you ask most people out in the public, there is actually the opinion that there is an unlimited guarantee to this space, and that is not true.
unequivocally . . . it is the role of Congress, not FHFA, to make the decisions that chart the path out of conservatorship and to the future housing finance system.
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