Unelected bureaucrats will now decide for us what mortgages we can have.
Editor's note · Context
Hensarling warns against giving power to unelected regulators over consumer choices.
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Mr. Speaker, I yield 1 minute to the gentleman from Georgia (Mr. Loudermilk), who is the lead sponsor of two provisions in the package: H.R. 3555, the Exchange Regulatory Improvement Act, and H.R. 5953, the earlier referenced BUILD Act.
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.
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…
Mr. Speaker, I yield 2 minutes to the gentleman from Michigan (Mr. Huizenga), who is the chairman of our Capital Markets, Securities, and Investments Subcommittee.





