Number one, I was very pleased to hear one of the most compelling indictments of 8 years of the Obama administration I have ever heard on the House floor, and I thank the ranking member for it. Mr. Speaker, I yield 3 minutes to the gentleman from Pennsylvania (Mr. Rothfus), who is the vice chairman of the Financial Institutions and Consumer Credit Subcommittee.
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Putting layers of diversified private capital in a first loss position will help ensure more accurate pricing of risk.
I thank the gentlewoman for her very, very kind words. And, again, she will be very much missed from this institution, but I will treasure our service together. I will treasure our friendship forever as well, and I thank her for coming to…
But it is this Committee's responsibility to conduct oversight over FHFA and that includes your conduct as well.
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