06/01/2015
https://www.congress.gov...
"I appreciate your remarks. I have been on this Committee 26 years, ending it, but I am not ending being on."
"Do you anticipate that? Can you assure us and the American people today, as the Secretary of HUD, that FHA will not do that?"
"I think it is time for FHA to face facts. We have to."
"The poor record of Basel I, II, and II.5 is that of a system fundamentally flawed. Basel III is a continuation of these efforts, but with more complexity."