Whether you call it a rule or a method or approach, the Fed is already doing something. They are looking at variables, and they are making decisions. All we are asking is that they communicate that to the rest of the American people. Ask them what their rule is. We would like to know. That is what the FORM Act is all about.
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More from Jeb Hensarling
Fannie Mae and Freddie Mac were more than mere bystanders in the 2008 financial crisis. They were in fact at the epicenter of that crisis.
I am now very pleased to yield 2 minutes to the gentleman from Louisiana (Mr. Scalise), the majority whip.
How much time do I have remaining? The SPEAKER pro tempore. The gentleman from Texas has 2\3/4\ minutes remaining.
Tonight it is a privilege that I have to yield to somebody who has become a good friend and an excellent colleague, who has served with me, at my side, at the House Financial Services Committee, who will be leaving us at the end of this…
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