I think it is a dangerous precedent for this committee to start determining what parts that they like about witnesses' testimony.

I am not here to determine whether Mr. Truax did or did not commit a crime.

I did not do this with the other witness because the other witness only had a few things.

This is not the place and that is not why we are here.

What I have read is just pretty much plain, old-fashioned, straight-up crime that could happen and does happen anywhere.

I respect the fact that HUD should have more of a--I have no problem with that concept.

I also want to thank you because in this, I don't know, we have been here about a couple of hours now, you provided the one point of light so far which, to me, was the only thing that I think I have heard that I could act on.

So what you did when there were competitive bids is you would get on the phone or in person with your co-conspirator and say, 'This contractor over here has already bid $10,000, so you have to bid $9,000.'

I am very concerned by attempts to delay implementation of the derivatives provisions in Dodd-Frank.

I am very concerned about a step backwards in terms of ending the casino-style betting that got us into the 2008 crisis.

Such funding restrictions are simply unacceptable, given the new responsibilities provided to these agencies after the historic financial crisis of 2008.