Steven Horsford

We have a responsibility as Congress to manage risk, and we are failing to do our job.

Clearly, I have hit a nerve, because this is about the American people and their finances, which are being held hostage because of a ransom note that is being offered by Kevin McCarthy and the default on America proposal.

We are standing here as the board of directors for the people of America, whose mortgages, whose car loans, and whose financing ability is being jeopardized because of Kevin McCarthy and the default on America proposal that is holding…

The insights provided point to serious deficiencies with both supervisory practices as well as management's reaction to glaring issues.

Thank you, Mr. Chairman, and thank you to the ranking member of the Subcommittee and the ranking member of the Full Committee.

Where is the plan on housing? When will we have a hearing?

I am told stories, painful stories, by constituents in my district who are struggling to be able to afford rent or to buy a home.

My constituents are struggling to find a way to put and maintain a roof over their heads, and that should be the first concern for this subcommittee.

I do have to say that I wish we were better using the time of this subcommittee to really focus on the pressing issues that our constituents really need us to address, including the housing affordability crisis that is crippling our…

I continue to be concerned about the mental health of our remotely piloted aircraft crews and pilots.

Nellis and Creech and the Nellis Test and Training Range is a national treasure to help with our national defense.

I agree, and I believe investing in the future force relies on timely, adequate, predictable, and sustainable funding in every budget cycle in concert with a focused plan.

Let me just point out for the record that all three major credit rating agencies failed to forecast the existential risks that both Silicon Valley Bank and Signature Bank faced.

I would like to work with you on that. I am concerned about a two-tiered system.

I do not think I have to remind anyone here, but that would mean constituents in my State would miss out on today's price if they can't get their trades in by 9:00 a.m. Pacific Standard Time.

Investor protection is paramount, and it is worth reiterating that as a result of the SEC, you have helped return hundreds of millions of dollars to defrauded Americans each and every year.

It is unacceptable. It is un-American.

We should want all of these service members to have a place so that they can serve side by side and defend our country.

What a waste of resources, time, and energy when we have so much important work to do.

I want to work together to keep flood insurance affordable to those who need it the most.

It is an incredible paradox that we find ourselves in.

The loss associated with water damage can be absolutely catastrophic, especially for a family that was already struggling to make ends meet.

We need to be expanding flood insurance to everyone who needs it.

It is just unacceptable, and I look forward to working with my colleagues on both sides of the aisle on this committee to make sure that that is a priority.

Housing, in my view, is one of the most critical things. Service members and their families should not have to worry about having a safe and adequate housing.