I yield myself 30 seconds, Mr. Chairman, just to say that, number one, in listening to my colleague, the ranking member, I'm just curious about this concern about litigation burdens. We certainly didn't see it, as she and many of her colleagues back the proxy access rule, and how many have refused to support medical liability reform. So I don't understand why the litigation burden concern is not there. In addition, I notice that the SEC has sought comment in the past on rulemaking to ensure that there is a retrospective look-back because markets change. At this time, Mr. Chairman, I would like to yield 5 minutes to the chairman of the Subcommittee on Capital Markets and GSEs of the Financial Services Committee, the author of the legislation, the gentleman from New Jersey (Mr. Garrett).
Jeb Hensarling: “I yield myself 30 seconds, Mr. Chairman, just to say that, number one, in listening to my colleague, the ranking member…”
Share
More from Jeb Hensarling
Well, after hearing those kind comments, I would be happy to yield the gentleman even more time. I say that tongue-in-cheek. Mr. Speaker, I have learned that if you want kind things said about you, announce your retirement. So, I must…
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.
I thank the gentlewoman for her very, very kind words. And, again, she will be very much missed from this institution, but I will treasure our service together. I will treasure our friendship forever as well, and I thank her for coming to…
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.





