Jeb Hensarling: “If the balance sheet is not unwound at the right time and at the right pace, we could be looking at another deep…”

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.

Congress needs to do its job. You need to write legislation with more specificity.

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

I believe when that inquiry is finished, it will result in the same written report that we have issued 103 times, previously.