FHA is likely a disaster in the making. If we are not careful, it may become Fannie Mae and Freddie Mac, the sequel.
Jeb Hensarling: “FHA is likely a disaster in the making. If we are not careful, it may become Fannie Mae and Freddie Mac, the sequel.”
Editor's note · Context
Hensarling warns of potential failures in the FHA similar to past financial crises.
Share
More from Jeb Hensarling
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…
So if that is permitted right now then I am going to raise my hand at the board meeting when the senior vice president for credit administration comes in with this big gobbledygook proposal and says, 'Hey, I like it. That is fascinating…
As we saw in the last crisis, it is the average hardworking Americans that will suffer the consequences if Washington deregulates Wall Street mega banks again.
May I ask how much time I have left? The SPEAKER pro tempore (Mr. Bacon). The gentleman from Texas has 7 minutes remaining.





