unilateral controls don't work

You will need to work the CFIUS process in a timely way while remaining cognizant of the national security implications of each covered transaction.

national security considerations, I think, always should remain paramount

The core mission of the Bureau of Industry and Security is to keep sensitive dual-use items away from dangerous countries, organizations, and individuals.

You will serve as a key point of contact for a multi-billion-dollar agency that plays a role in the lives of millions and millions of Americans.

Every decision you make entails a national security assessment, a foreign policy statement, and a fundamental business decision that affects the bottom line of U.S. companies and our workers.

Given the undeniable role that the housing market played in the economic crisis, the Committee, I believe, must continue to monitor this significant sector.

Doesn't that go back to basic, fundamental, sound underwriting standards for all of us?

The housing crisis is real. It is not getting better.

People's confidence comes from--the average person--what they believe their house is worth, you know, home equity.

We are all going to be better off if we can get housing back moving again.

I think this is an important point. Ensuring proper underwriting standards and not exposing consumers to mortgages they cannot afford, cannot pay, that does not provide home ownership.