Jeb Hensarling: “I believe, as do most, that there is a clear, direct causal link between the two.”

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

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

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.

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