It is my desire that we fashion legislation that will enjoy broad-based support. It may not be possible in the end ... If it doesn't happen, so be it, but we're not going to have it not happen because we didn't try.
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It is my desire that we fashion legislation that will enjoy broad-based support. It may not be possible in the end ... If it doesn't happen, so be it, but we're not going to have it not happen because we didn't try.
I won't tell you I'm optimistic, but I think there's a reasonable chance ... We're still trying to keep working together.
Both Schumer and Christopher J. Dodd, D-Conn., the chairman of the Senate Banking, Housing and Urban Affairs Committee, have called on Fannie Mae and Freddie Mac's regulator to lift the portfolio caps. They argue that allowing the two firms to buy more mortgages, at least temporarily, would inject much needed liquidity into the market and calm the financial markets.
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