Jim Bunning: “Yes. A general question for everybody. Of you sitting at the table, how many believe that the Federal Reserve is an…”

One of my proudest accomplishments in the U.S. Senate was authorizing the 2004 law that reauthorized the National Flood Insurance Program.

Are you independent?

This is a stunning case, knowing that the SEC has changed hands and things, that they would not jump down this after the Madoff--Bernie--after his case hit the papers.

Are the Fed and the GSEs going to aggressively pursue pull-back of mortgages to the originators and investment banks to reduce taxpayer losses?