But let me ask, Mr. Davidson, is there really--do you have any doubt that the Government implicitly backstops the entire market?

Fair enough, but let me just break in there, Mr. Davidson, just because I am going to run out of time.

I do not even understand what it means to say that part of the target is to shrink it.

Protect the taxpayers. Provide better incentives.

So I hear a glimmer of optimism. Good. Thank you very much.

Thank you very much, Mr. Chairman. Thank you, Ranking Member. I am glad you're having this hearing.

Well, one could argue, respectfully, that when you step into a market that has collapsed and offer funding into it, you have backstopped that market.

Every single player in the marketplace after 2008 now knows that.

And I think it was you, Mr. Davidson, who talked about with millions of mortgages in Fannie's or Freddie's--or whatever its successor is.

Thank you, Mr. President. Mr. President, a warm thank-you to the Reverend Miniard Culpepper. His words of faith and community are greatly appreciated here today. For a long time now, Reverend Culpepper has been praying over me. Last…

I thank the Chair. (The remarks of Ms. Warren pertaining to the introduction of S. 897 are located in today's Record under ``Statements on Introduced Bills and Joint Resolutions.'') ____________________

People count on us to put laws in place that will protect our citizens from this sort of harm.