Mike Crapo actually said...

We cannot afford to return to the days of weak regulatory oversight of the secondary mortgage market.

Emphasizing the need for strong regulatory oversight in the mortgage market.

11/20/2013

More Mike Crapo Quotes

Who decides whether the agency has exceeded the budget? How is that calculated?

I can assure you that your testimony will be very seriously taken into consideration.

We want to be able to collaborate with you to be able to make that happen, rather than having rigid edicts come down.

Well, there certainly, I don't think, is any substitute for involving people who know the land and who know the circumstances around it.