Do you think the FHA should be shut down because it is bankrupt?
Editor's note · Context
Capuano questions the necessity of shutting down the FHA due to its financial state.
Share & report
More from Michael Capuano
I think it is important for us all to understand that we are talking about something that has a huge benefit to those of us that live in rural populations and, again, benefits the urban centers so they can get across those rural areas.
Despite the fact that the Financial Services Committee has clear jurisdiction over these matters, the Secretary seems to think that referring us to other committees is a satisfactory answer to our questions. It is not.
If I were advising you as an attorney, I would say you are nuts to stick your neck out on the line when you have done the right thing and somebody else hasn't.
It seems to me that today's subcommittee hearing shows that we are well past the point of glossing over the problem and, again, saying the taboo words 'all options are on the table.'





