Melvin Watt: “I want to publicly applaud the Administration and you, Madam Secretary, for this change in policy.”

I support the concept of expanding access to affordable housing for both rental and ownership for the American people.

I would certainly emphasize that if anybody here has the notion that I believe that I am above the law, they should dissuade themselves of that notion.

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.

No one is above the law.