GARY G. MILLER: “And see, we have to justify what we're doing to the American people who have lost their jobs, due to no fault of their…”

Capital standards need to be set appropriately so they can ensure the safety and soundness of financial institutions without harming the availability of credit to fuel economic growth.

While a hybrid public-private model for Freddie and Fannie was fundamentally flawed, our focus should be a viable secondary mortgage market with sound underwriting principles.

We certainly need a well-functioning regulatory system, but it should facilitate growth, not stifle it.

There is no question that robust capital standards, when properly applied, will help protect our economy.