Jeb Hensarling: “if we don't have a reform plan, the conservatorship that Fannie and Freddie are presently in could not continue in…”

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…

reduce taxpayers' risk, codify into law an explicit government guarantee, and increase market competition.

I certainly thank the gentleman for his comments tonight. I hope that there are a fair amount of Americans who are watching this this evening, because they need to know that they owe this gentleman, Mr. Pittenger of North Carolina, a great…

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