Richard Shelby actually said...

There is also no question that many home buyers were willing parties to contracts that stretched them far beyond their financial means.

There is no question that many home buyers were sold inappropriate mortgages over the past several years.

The Fed is the central bank, supposed to be the lender of last resort. Now it has become the lender of first resort, it seems to me.

I just want to tell the Secretary again we welcome him here. We look forward to working with you.