I think it is time for FHA to face facts. We have to.
Do you anticipate that? Can you assure us and the American people today, as the Secretary of HUD, that FHA will not do that?
I appreciate your remarks. I have been on this Committee 26 years, ending it, but I am not ending being on.
The Actuarial Report is not good.
We certainly believe that we need to keep FHA in a position where our new books of business are producing substantial revenue for the taxpay...
We are taking 91 of these things worth $14 million and going to put them in a warehouse. That is efficient?
I am really aggravated about this $91 million being wasted.
It appears we not only are having a technology problem, but a significant transparency problem on our hands.
I hope we can get some answers today on this extremely disturbing situation.
the Department has a real problem with the public level of confidence, but it is penetrating the Congress pretty badly.
If I can get through that line faster, it doesn't matter to me.
The Bank of England Governor, Mervyn King and several other prominent economists in the world have said that the Basel III capital standards...
The poor record of Basel I, II, and II.5 is that of a system fundamentally flawed. Basel III is a continuation of these efforts, but with mo...
I think this is a worthy goal as strong capital requirements are essential for a safe and sound banking system and also to protect against t...
The Basel framework has spawned startling degrees of complexity and an over-reliance on probably unreliable models.
I think it is very, very important.
Unfortunately, one of the clear lessons of the financial crisis is that bank regulators set capital requirements too low.
I am deeply troubled by recent allegations of contractor malfeasance as it relates to the Transportation Security Administration's (TSA) use...
