Jeb Hensarling actually said...

You agree, I assume, that the Housing Act, 12 U.S.C. 1711, says that you shall--shall--keep a 2 percent capital reserve.

I guess this is the fear many of us have, particularly with members of the Obama Administration.

Again, with all due respect, Mr. Secretary, we have heard that before.

Whenever we can, we follow the law.