On the recordMarch 2, 2009
Is it true that in eight years that the debt would be doubled under this budget?
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transcripts.cnn.comIs it true that in eight years that the debt would be doubled under this budget?
Hensarling questions the implications of the proposed budget on national debt.
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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.
But it is this Committee's responsibility to conduct oversight over FHFA and that includes your conduct as well.
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.