Political Quotes

“first, let me express my disappointment that my colleagues on the other side of the aisle blocked consideration of vitally important cyber security legislation. The Secretary of Defense, when asked about a potential threat to the United States, declares emphatically that his biggest concern is that the next Pearl Harbor will be a cyber attack upon the United States and if we cannot at least fully debate, amend the bill, and pass the bill, then I think we are not performing up to the expectations of the American people. So I am very disappointed that we were not able to complete this legislation in a timely fashion this week and give the necessary tools to our national leadership to protect the country against potential cyber threats. Federal Housing Finance Agency Having said that, I also want to rise today to express my profound disappointment in the Federal Housing Finance Agency's decision to prohibit the use of principal reduction by Fannie Mae and Freddie Mac as one more tool to avoid foreclosure under the HAMP Principal Reduction Alternative (PRA). As conservator, the acting FHFA Director, Mr. DeMarco, has a duty to not only carry on the business of both Fannie Mae and Freddie Mac but also to preserve and conserve the assets of both, which FHFA has stated repeatedly requires them to minimize losses. At the same time he has other statutory responsibilities.…”