Regardless of who initiated the legislation in the 90's. Regardless of who approved the legislation in the 90's. The Republicans called Freddie and Fannie to the carpet in '05 and the Democrats claimed that there was nothing wrong, everything was fine, no oversight or regulation was needed. EVEN SLICK WILLIE ADMITS THAT THE DEMOCRATS BLOCKED LEGISLATION.
How is that they "blocked" it? Republicans had the majority in 05.
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