Jerry Nadler: “The gentleman from Texas and the gentlewoman from Wyoming are simply wrong as they describe the situation. In all of…”

“The gentleman from Texas and the gentlewoman from Wyoming are simply wrong as they describe the situation. In all of these settlements, the Federal Government is given money, the bulk of the money. It doesn't go to a third-party group. A small fraction then goes to a small group to help make the victims of the fraud or the malfeasance somewhat whole, but the Federal Government gets the bulk of the funds in the first place. It is a two-part payout. The Federal Government gets most of the funds, and then a third party helps some of the victims get a little part of the funds. Mr. Speaker, I yield 3 minutes to the gentlewoman from North Carolina (Mrs. Foushee).”