Patrick McHenry actually said...

Cut away the red tape that prevents startup companies... from raising capital.

Thank you, Chairwoman Biggert. Ms. Holston, does HUD use a competitive method to, or a merit-based system to award counseling funding?

So, with that, I am obviously concerned that we do have foreclosure counseling and it is done well.

As we sit here today, the economic health of the United States remains fragile.