It cannot be acceptable in a democratic society that a group of unelected individuals are vested with important responsibilities without being open to full public scrutiny and accountability.
Melvin Watt: “It cannot be acceptable in a democratic society that a group of unelected individuals are vested with important…”
Editor's note · Context
Watt emphasizes the need for transparency and accountability in governance.
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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.
For the record, I neglected to indicate in my comments that our colleague, the chair of the subcommittee, announced last week during the period that we were out on the Veterans Day district work period that he was not planning to run for…
I think the 30-year fixed-rate mortgage has become a standard for American homeowners, and it is important to retain that.
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.





