Jeb Hensarling: “It is disappointing that the Financial Stability Oversight Council has delivered the equivalent of a summer rerun.”

Thank you, Ms. Grimes, for your testimony. We know it is not always easy to be in this chair and discuss these types of charges.

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

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

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