Pat Toomey: “Every Republican on this Committee recently sent a letter to the SEC urging the SEC to disapprove of this proposed rule.”

Congress can and should offer a sensible approach for the domestic regulation of these activities.

As I've said before, Government, and especially this Administration, have often been the problem, not the solution, when it comes to housing.

I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.

I think that there are a number of ways that you can go about creating a regulatory regime to take account of that risk.