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

reduce taxpayers' risk, codify into law an explicit government guarantee, and increase market competition.

I am now very pleased to yield 1\1/2\ minutes to the gentleman from Pennsylvania (Mr. Rothfus), the author of two different provisions in S. 2155 to bring clarity to the complex capital rules and flexibility to our savings associations.

I certainly thank the gentleman for his comments tonight. I hope that there are a fair amount of Americans who are watching this this evening, because they need to know that they owe this gentleman, Mr. Pittenger of North Carolina, a great…

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.