Sen John McCain [R-AZ]: Mr President, this week Fannie Mae's regulator reported that the company's quarterly reports of profit growth over the past few weeks were "illusions deliberately and systematically created" by the company's senior management, which resulted in a $10.6 billion accounting scandal. The Office of Federal Housing Enterprise Oversight's report goes on to say that Fannie Mae employees deliberately and intentionally manipulated financial reports to hit earnings targets in order to trigger bonuses for senior executives. In the case of Franklin Raines, Fannie's former chief executive officer, OFHEO's report shows that over half of Mr. Raines' compensation for...