Jeb Hensarling: “First of all, it certainly would seem to enshrine us as a bailout nation.”

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.

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

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…

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…