Mike Johanns: “It's amazing how quickly you become the Ranking Member here.”

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.

Thank you, Mr. Chairman.

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.

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?