On the recordJuly 11, 2013
I ask unanimous consent to restore the time to the gentleman from Massachusetts (Mr. McGovern). The SPEAKER pro tempore. Is there objection to the request of the gentleman from North Carolina?
I ask unanimous consent to restore the time to the gentleman from Massachusetts (Mr. McGovern). The SPEAKER pro tempore. Is there objection to the request of the gentleman from North Carolina?
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More from Melvin Watt
The real problem was that I think because there was this competition to make money for the private sector, there developed a race to the bottom.
unequivocally . . . it is the role of Congress, not FHFA, to make the decisions that chart the path out of conservatorship and to the future housing finance system.
What was needed in this industry was somebody to make responsible decisions and not let access overburden safety and soundness.