HOME |
ABOUT REP. BACHUS |
MEDIA |
GOP MEMBERS |
SUBCOMMITTEES |
ISSUE BRIEFS |
ACHIEVEMENTS |
HEARINGS/MARKUPS |
LINKS |
MAJORITY |
CONTACT US |
Republican Plan To End The Bailout Of Fannie Mae and Freddie Mac View the plan here |
11-12-09, Bachus: Administration Must Take Steps To Protect Taxpayers, Strengthen FHA |
November 12, 2009
WASHINGTON - Congressman Spencer Bachus, the top Republican on the Financial Services Committee, made the following statement today regarding the report that FHA's capital reserve ratio fell to 0.53 percent:
"The Administration must take immediate action to shore up and strengthen the FHA to ensure it does not expose taxpayers to yet another bailout." |