Mike Johanns: “I appreciate your offer, and there is not enough time, in fact I have run out of time already, to challenge some of your…”

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

Our job is to try to figure out how we deal with that puzzle, that very difficult issue of how to provide services to people who need it.

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.

Could you do that and make it crystal clear to the public that you confirm that the role of conservator... is to be the bridge builder?