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"I join as a cosponsor of the Federal Housing Enterprise Regulatory Reform Act of 2005, S. 190, to underscore my support for quick passage of GSE regulatory reform legislation. If Congress does not act, American taxpayers will continue to be exposed to the enormous risk that Fannie Mae and Freddie Mac pose to the housing market, the overall financial system, and the economy as a whole."
John McCain - 2005
jkstar09 3 years ago
Great, more power to the Fed...
tsenzei 3 years ago
These remarks were given on Friday, Sept. 19, 2008, before any details of the federal 'bailout' plan were revealed to the public.
Go Obama!
ineffable27 3 years ago