04/14/2021
https://www.congress.gov...
"I am sorry, Mr. Secretary. Just so we are all clear on this, the numbers about concentrations of commercial real estate come from the banks' examiners."
"It seems clear that these efforts have had an important impact: markets have calmed greatly since the turbulent fall of 2008."
"What I am hearing you say is, no reason to change anything. We will stay steady on the same course."
"I have a feeling I am going to hear the same answer, but let me just try it again with second liens."