Barney Frank Claims Fannie Mae, Freddie Mac Already Reformed

IBD reports:

In the wake of Fannie Mae (FNM) and Freddie Mac (FRE) reporting more huge losses in Q1 and
requesting an additional $19 billion in taxpayer funds, House Financial Services Chairman Barney Frank, D-Mass., assured everyone that the losses were due to bad practices in the past

Barney Frank(Democrat-Fannie Mae).