Unfortunately, Dodd-Frank continued the long-term goal of many to essentially turn the banks into utilities backed by the government that regulators can control and use to fund the government and allocate resources to their favorite constituencies.
Criticism of Dodd-Frank's impact on banks and government control.
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How are we that much better off? And if we could put up a slide, you are asking community banks to make a forecast.
But it is this Committee's responsibility to conduct oversight over FHFA and that includes your conduct as well.
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…
I would just point out again, all this bill does is extend for 6 months the current policies of the NFIP. Not one single policy of the NFIP is changed in this bill. Mr. Speaker, I yield such time as he may consume to the gentleman from…
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