"I believe credit unions now have over 5,000 pages of rules from the Consumer Financial Protection Bureau, the CFPB, that you must understand, interpret, and comply with."
"I want to state now that I am concerned about the impact that Basel III can have on community banks."
"I would think that we learn to start to make sure capital requirements don't stifle small banks."
"I want to work with the chairwoman on that issue."
"It is time to fully fund our regulators so they can complete the process of implementing Dodd-Frank."
"If there were no GSEs and there was no FHA across the country, my mortgage rates would be through the roof."
"I thank God there was a system in place that allowed me the opportunity to buy a home."
"People 30, 40 years old cannot afford to buy a home."
"I am more interested in the future than I am in the past."
"My time is running out. So were you familiar with H.R. 1859, which is the Campbell-Peters bill, in the last Congress? Could you comment on that approach, Dr. Wachter?"
"Right now, we are on a course, frankly, that nobody wants."
"Our piecemeal efforts have yielded more than $3 in spending cuts for every $1 in revenue."