I understand that you can't comment directly on that, but we often hear back from the credit reporting agencies that although some credit scores and reports may get reported inaccurately, they virtually never adversely affect a consumer before they are corrected.

I am very impressed by the observation that out of the wide purview of issues under the CFPB's mandate, over 70 percent of all consumer complaints filed with the CFPB relate to credit reporting.

I think they can be very severe. We have seen situations where background reports and credit reports have actually blocked people from getting an apartment or a job because they are falsely matched with someone else.

If you look at all of the different incentives that we tried to apply to get people in housing, both on the supply side and the demand side, has anyone systematically looked at what gets the most people into a house per unit of Federal expenditure?

I've been chairing the Task Force on AI and Financial Services for the last several years.

We in a bipartisan way on this Committee have been doing everything we can to try to drag that across the finish line.

If we simply had--because we pay a lot more in Federal taxes than we get back in Federal spending.

I'm amazed at how consistent that your industry is; when you come to us, it is almost always with some elaborate set of logic to try to convince us that you should be allowed to lever out more.

And I also--I, too, lost my favorite aunt and my favorite uncle in a nursing home in the situation.

you all benefit from having the Federal Government and the Federal taxpayer as the insurer of last resort.

I guess I'd like to start by apologizing on behalf of the U.S. Congress