Political Quotes

On the recordMay 22, 2018
the third amendment was justified at the time, and it is still on the website, as being a favor to Fannie and Freddie because they would never be able to pay the 10-percent dividends.
Said by
Pat Toomey
Republican · Pennsylvania

Editor's note · Context

Toomey discusses the justification for the third amendment affecting dividend payments.

Share

More from Pat Toomey

Dec 13, 2022

Cryptocurrencies can protect against inflation when Governments irresponsibly manage their own currencies.

congress.gov
Aug 1, 2022

We should avoid the temptation to adopt new so-called tenant protections or permanent rental assistance that will have negative unintended consequences.

congress.gov
Jul 13, 2022

I think Congress really has to take the time to properly evaluate the outbound CFIUS concept rather than rushing to enact legislation that is not properly vetted.

congress.gov

Other voices in this conversation