“Keep in mind House Democrats and Senate Democrats and me and the leadership are all pretty burned up about this thing. This wasn’t happening on our watch. We weren’t preventing some of the regulatory reforms that might have prevented us from getting here.”
- Barack Obama
“If the Democrats had let the 2005 legislation come to a vote, the huge growth in the subprime and Alt-A loan portfolios of Fannie and Freddie could not have occurred, and the scale of the financial meltdown would have been substantially less.”
- Wall Street Journal