Political Quotes

“While there has been broad discussion about the fundamental unfairness associated with the Biden administration's new tax on creditworthy borrowers, Congress' oversight role also extends to the process and impact these changes will have on home buyers and the housing market. Members on both sides share policy concerns regarding this new tax, and it is equally imperative that we promote transparency to the American people on this flawed effort. The GAO study does just that as the amendment Mrs. Boebert proposed would simply make the GAO study public. Sunlight is the best disinfectant, and in no area is this more relevant than the opaque process with which the FHFA has enacted these and other changes. This amendment would add to the GAO study included in H.R. 3564 which will play a critical factor toward furthering both Congress' and the public's understanding of this issue that impacts millions of home buyers. Americans deserve a thorough accounting of the process and deserve to know the significant impact of FHFA'S actions. An agency that virtually controls U.S. housing markets should not operate without appropriate congressional oversight. Mr. Chair, I urge my colleagues to support this amendment to restore fairness, transparency, and accountability to this process and policy that impacts millions of Americans. Amidst economic uncertainty and a housing affordability crisis, the American people deserve nothing less. Mr. Chair, I reserve the balance of my time.”