Political Quotes

“I wish to thank the Senator from Virginia. I have thoroughly enjoyed working with him on this issue. We have been working on it since last fall. We spent a lot of time talking to various groups to try to get this right. We know that every bill can be improved, but we have done our best to present something to the Senate that we hope will be marked up in the Banking Committee, something that, as the great Senator from Virginia mentioned, has attracted numbers of people on both sides of the aisle. I again thank Senators Tester, Johanns, Heitkamp, Heller, Moran, Hagan, and now Kirk for joining us in this effort. This is a diverse group of folks from diverse places around the country who have come together to solve this major problem. All during the Dodd-Frank debate--and we were certainly in the middle of that--all people talked about it seemed was the fact that Fannie and Freddie were not included. Yet Fannie and Freddie were two of the biggest failures that occurred during that time. As the Senator from Virginia rightly mentioned, $188 billion of taxpayer money had to go into these entities. We have dealt with most of the issues around the crisis. I know there are still some rules that are being promulgated. We had some that came out yesterday. But this is the last piece. As the Senator mentioned, the housing sector has been growing and coming back.…”