Jeb Hensarling: “Yes, I yield to the gentleman from South Carolina for his parliamentary inquiry.”

If we ignore that basic fact, we are willfully disregarding history, and we are bound to repeat history.

May I ask how much time I have left? The SPEAKER pro tempore (Mr. Bacon). The gentleman from Texas has 7 minutes remaining.

But it is this Committee's responsibility to conduct oversight over FHFA and that includes your conduct as well.

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.