Mike Johanns: “We should be darn sure about what we are doing, because it could have some economic consequences.”

Thank you, Mr. Chairman.

I ask for the yeas and nays. The ACTING PRESIDENT pro tempore. Is there a sufficient second? There appears to be a sufficient second. The question is, Will the Senate advise and consent to the nomination of Joseph S. Hezir, of Virginia, to…

I will continue to push this legislation, but many of its provisions are things that HUD has the flexibility to implement on its own.

It is Congress who will create the next housing finance system and that the next housing finance system is not the conservatorship of the FHFA.