Congress needs to do its job. You need to write legislation with more specificity.
So if that is permitted right now then I am going to raise my hand at the board meeting when the senior vice president for credit administra...
How are we that much better off? And if we could put up a slide, you are asking community banks to make a forecast.
As we saw in the last crisis, it is the average hardworking Americans that will suffer the consequences if Washington deregulates Wall Stree...
But it is this Committee's responsibility to conduct oversight over FHFA and that includes your conduct as well.
I believe when that inquiry is finished, it will result in the same written report that we have issued 103 times, previously.
Thank you, Ms. Grimes, for your testimony. We know it is not always easy to be in this chair and discuss these types of charges.
Fannie Mae and Freddie Mac were more than mere bystanders in the 2008 financial crisis. They were in fact at the epicenter of that crisis.
reduce taxpayers' risk, codify into law an explicit government guarantee, and increase market competition.
If we ignore that basic fact, we are willfully disregarding history, and we are bound to repeat history.
Putting layers of diversified private capital in a first loss position will help ensure more accurate pricing of risk.