Political Quotes

“I thank the Senator again for all the hours that have been spent. I think we have both realized this is a beginning point, meaning this is a piece of legislation that has a lot of bipartisan support among talented and wise Members--excluding the two of us--and I thank him for joining in and helping make this bill better. Obviously, this is something we think may be taken up sometime this fall, and I do hope we will have the opportunity to make presentations to people throughout the Senate very soon. I want to make two points. The Senator from Virginia, because of his background, was probably more involved in the banking issues than most people here because he brought a lot of background and expertise. I felt fortunate to be involved in some way during that time, and he and I both remember--and I hope Members of this body will remember--back to the big issue that people felt during that time was not addressed were the two GSEs, Fannie and Freddie. Candidly, it was a pretty complex undertaking. There were a lot of other things happening. It was a fair criticism, but at the same time, there was a lot being dealt with. Time has gone by now, the housing market has improved, but we still haven't finished our work.…”