Jack Reed actually said...

So that there is no legal ability for the Department of Treasury to veto your decision.

Reed points out the limitations of Treasury's authority over FHFA decisions.

11/14/2011

More Jack Reed Quotes

They seem not to be performing one of their obligations, which is to provide for efficient markets; is that fair?

Paralysis, I think, is the worst situation at the moment.

It could be a powerful stimulus for recovery, literally putting billions of dollars into the households for education, health care, discreti...

I think you have got to try it. You have got to try these things.