On the recordSeptember 5, 2018
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.
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congress.govJeb Hensarling: “Fannie Mae and Freddie Mac were more than mere bystanders in the 2008 financial crisis. They were in fact at the…”
Editor's note · Context
Hensarling emphasizes the critical role of GSEs in the 2008 financial crisis.
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Congress needs to do its job. You need to write legislation with more specificity.
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As we saw in the last crisis, it is the average hardworking Americans that will suffer the consequences if Washington deregulates Wall Street mega banks again.
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How are we that much better off? And if we could put up a slide, you are asking community banks to make a forecast.
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