I am now pleased to yield 1\1/2\ minutes to the gentleman from Texas (Mr. Neugebauer), the chairman of the Housing and Insurance Subcommittee, who is a key coauthor of this bill, ensuring that the CFPB is accountable through the congressional appropriations process, and who is a real champion of preserving housing opportunities from Washington bureaucrats.
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Congress needs to do its job. You need to write legislation with more specificity.
So if that is permitted right now then I am going to raise my hand at the board meeting when the senior vice president for credit administration comes in with this big gobbledygook proposal and says, 'Hey, I like it. That is fascinating…
As we saw in the last crisis, it is the average hardworking Americans that will suffer the consequences if Washington deregulates Wall Street mega banks again.
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