That goes back to when Republicans were in charge ...
Originally Posted by Conservative
How on Earth did one lone representative from the minority party in the House prevent Republicans from passing legislation that Bush asked for??? C'mon, certainly you possess a lucid response to that?
Five years ago, for example, when the Bush administration proposed much tighter regulation of the two companies, Frank was adamant that "these two entities, Fannie Mae and Freddie Mac, are not facing any kind of financial crisis." When the White House warned of "systemic risk for our financial system" unless the mortgage giants were curbed, Frank complained that the administration was more concerned about financial safety than about housing.