if this proposal actually becomes policy to force those subject to enforcement actions into admissions, there will be an explosion of litigation
Editor's note · Context
Hensarling warns that forcing admissions in enforcement actions will lead to increased litigation.
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Mr. Speaker, I yield 1\1/2\ minutes to the gentleman from Ohio (Mr. Davidson), who is a hardworking member of the Financial Services Committee and a member of the Monetary Policy and Trade Subcommittee that dealt with this FIRRMA…
Mr. Speaker, I yield 1 minute to the gentlewoman from Missouri (Mrs. Wagner), the chair of our Oversight and Investigations Subcommittee, also the lead sponsor of an important provision in this package of bills, H.R. 5970, the Modernizing…
Mr. Speaker, may I inquire how much time I have remaining. The SPEAKER pro tempore. The gentleman from Texas has 1 minute remaining.
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.





