Rep. Ed Royce Favors Running Fannie Mae, Freddie Mac With No Capital

Rep. Ed Royce Favors Running Fannie Mae, Freddie Mac With No Capital

During a House Financial Services Committee hearing this week on the Financial Stability Oversight Council, Royce, in an exchange with Treasury Secretary Jack Lew, continued his anti-shareholder bias and also demonstrated his lack of understanding of basic math.

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