05/10/2023
https://congress.gov...
"Of course, my friends on the other side say this is not a bailout. It is just policy and it is an accounting function."
"The intent, of course, was to make sure that we had affordable housing, that low- to moderate-income people could have access to the American dream of homeownership."
"I still believe that in this particular situation, a TRIA bill is necessary."
"But the pricing is what concerns me, because right now, we have a government backstop and my history in government backstops, as you look at the National Flood Insurance Program, and as you look at ci..."