James Lankford actually said...

Well, that would be the independent agency that is sitting out there that is outside the bounds of everything.

My first response on that was, what is an interpretive rule? Is that clearly defined in law what an interpretive rule is?

There is a Supreme Court ruling that just came out dealing with the Mortgage Bankers Association and the issue of interpretive rules.

We are supposed to represent our States bringing that message from our States to our own government to say, 'Wait a minute, this does not wo...