Melvin Watt: “I make a point of order. The SPEAKER pro tempore. The gentleman will state his point of order.”

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.

We need the availability of capital for people to be either homeowners or affordable renters.

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

Senator, that is just not true now. What we did not do was principal reduction, but there are millions and millions of people that we have provided relief for whose homes were in jeopardy.