I thank my cosponsor Senator Tester, and he is 1,000 percent right. We have been down this road. We have worked so hard to get everybody on board. States are on board. It does empower States. It does allow them to do what they need to do. I urge my colleagues to be a ``no'' vote on the Coburn amendment. The PRESIDING OFFICER. The Senator from Oklahoma.
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I think, as you said, the U.S. taxpayers continue to be very much on the hook and at risk as we do nothing to reform our system and maintain the current structure in which we have Fannie Mae and Freddie Mac under U.S. Government control.
This is the third time you have been before the Committee--once as a nominee and now twice in your role as Chair.
The accountability and transparency pieces of the legislation are not only important, they are critical.
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