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The Background:
Speaking at a House Financial Services Committee hearing, Congresswoman Maxine Waters claimed no fix was needed for government sponsored enterprises such as Fannie Mae and Freddie Mac.

The Quote:
Maxine Waters Secretary Martinez, if it ain't broke, why do you want to fix it? Have the GSEs ever missed their housing goals?

The Who & When:
  • Maxine Waters, September 10, 2003


  • The Source:
  • Wall Street Journal


  • See More Pablum From Maxine Waters:
    Maxine Waters Quotes
    Maxine Waters

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