Thank you, Ms. Grimes, for your testimony. We know it is not always easy to be in this chair and discuss these types of charges.
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Hensarling acknowledges the difficulty of discussing sensitive allegations.
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Putting layers of diversified private capital in a first loss position will help ensure more accurate pricing of risk.
Mr. Speaker, I yield 1 minute to the gentleman from Pennsylvania (Mr. Rothfus), the vice chairman of the Financial Institutions Subcommittee.
Mr. Speaker, well, after hearing those kind comments, I would be happy to yield the gentleman even more time. I say that tongue-in-cheek. Mr. Speaker, I have learned that if you want kind things said about you, announce your retirement…
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