Recently I was in Brussels and heard Sergiev Levrov, the Russian Foreign Minister give a speech, and I was quite concerned about the tone of this speech.

I hope you keep in mind the impacts your decisions will have on everyday Americans.

I think that is something we are all looking for in people who are willing to take on these tremendous responsibilities.

I am comforted by the fact that you have had State experience.

Ohio has been hit very hard by the housing crisis, and I have long been concerned about the foreclosure tornado ripping through our cities and neighborhoods.

The other thing that we did when I talked to you in your office was the fact that in my city we have, the city of Cleveland, a provision that says that when you sell a property you're supposed to notify the person that it's on the…

Thank you Senators Murray and Bond for holding this hearing on FHA's role in the current housing crisis.

The chairman has talked about the fact that you've had a 500 percent increase in lenders.

I have worked relentlessly for FHA reform.

I'd like you to look at it and the reason why you're not--from a public policy, it seems to me you should take care of them if you let them get in bad shape.

I introduced the first piece of legislation enacted to address the foreclosure crisis, The Mortgage Debt Relief Act.