From the September 16 edition of Fox News' Your World with Neil Cavuto:
HOYER: Well, we see the subprime problem. You know, we passed legislation on the subprime, and, frankly, Alan Greenspan didn't enforce it. Bernanke now has. We passed legislation on Fannie Mae and Freddie Mac in April of '07. It languished in the Senate. Mr. Shelby was opposed to it, on regulation. Secretary Paulson was for it.
CAVUTO: But do you think --
HOYER: And, in any event, the question is, going forward --
CAVUTO: -- all I'm saying, Congressman, all I'm saying is, do you think that -- obviously, there's enough blame to go on both sides --
HOYER: Sure.
CAVUTO: -- that -- that you wanted to encourage minority lending -- obviously, a lot of Republicans did as well. There was a lot of -- expand lending to those to get a home. Do you think, intrinsically, it was a mistake, on both parties' part, to push --
HOYER: I think --
CAVUTO: -- to push for homeownership for everybody?
HOYER: I think clearly what happened is, Fannie and Freddie got caught up in trying to do what the Congress wanted done.