Since the start of the 113th Congress, we in the House of Representatives have remained committed to advancing pro-growth policies that will promote economic recovery, encourage job creation, and lower taxes. It is my responsibility as your representative in Washington to do everything I can to make it easier for our small businesses, farmers, and individuals and families to succeed.
Part of that responsibility is to act to reform broken systems and failed, big government policies. As a member of the Financial Services Committee, I have attended 12 hearings over the past six months examining how the actions taken by Fannie Mae and Freddie Mac have caused boom-bust cycles in the housing market, contributed to the financial crisis in 2008, and forced hardworking taxpayers to bail out the Government-Sponsored Enterprises (GSEs) at a cost of almost $200 billion.
Unfortunately, Dodd-Frank, which was sold to the American people as the solution to our financial system’s shortcomings, failed to address any of the problems with Fannie Mae and Freddie Mac.
Robert visited with the Saunders family from Nelson County, who traveled to Washington on behalf of the Virginia Agribusiness Council
Robert visited with Alex Yang and Arvind Harinder, undergraduate research fellows at the University of Virginia and National Institute of Standards and Technology