On the recordMarch 30, 2011
if we don't have a reform plan, the conservatorship that Fannie and Freddie are presently in could not continue in perpetuity.
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congress.govif we don't have a reform plan, the conservatorship that Fannie and Freddie are presently in could not continue in perpetuity.
Hensarling emphasizes the necessity of a reform plan for Fannie and Freddie.
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Putting layers of diversified private capital in a first loss position will help ensure more accurate pricing of risk.
Mr. Speaker, I yield 2 minutes to the gentleman from California (Mr. Royce), who is the chairman of the House Foreign Affairs Committee and a very senior member of the Financial Services Committee.
Mr. Speaker, I yield 2 minutes to the gentleman from Arkansas (Mr. Hill), the Financial Services Committee majority whip.
reduce taxpayers' risk, codify into law an explicit government guarantee, and increase market competition.