Melvin Watt: “You either believe in federalism or you do not believe in federalism.”

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.

I think if you ask most people out in the public, there is actually the opinion that there is an unlimited guarantee to this space, and that is not true.

if you look at my record throughout my whole life, from the day I started in the practice of law in a civil rights law firm, you will find nobody, or few people, who are more committed to the things that you all have talked about today.

But that is not a justification for an individual member of a collaborative body to make a unilateral decision to turn over confidential information.