He has run this committee in a way that respects the importance of debate.

gutting the only agency dedicated to protecting our nation's consumers in the financial marketplace will harm our economy and communities.

I hope the chairman will reconsider his decision and convene the CEOs for a hearing as soon as possible.

I would like to welcome Director Rohit Chopra back to our committee and applaud the excellent work the CFPB has done under your leadership to protect our nation's consumers.

I am also pleased that this coming Saturday, Director Chopra will join me in my district in Los Angeles for a town hall meeting with my constituents to discuss consumer protections and access to banking products and services.

Today, nearly 600,000 people are experiencing homelessness, and millions more are one crisis away from eviction or foreclosure.

I am pleased to be here with you today, but I am reminded that we are 8 days away from a government shutdown.

I appreciate the effort to expand access to affordable homeownership.

Democrats are certainly taking the housing and homelessness crisis very seriously, and when I was Chair, I held 55 hearings on housing.

I have introduced several affordable housing bills, including my Housing Crisis Response Act, which would finally make the investments needed to build 1.4 million homes.

SVB didn't have to hold capital because a decade ago, our regulators, led by Trump, deviated from the Basel III framework.