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 but since you can't really tell me it's better, we will just stick with what we are doing now.'
Expressing skepticism about changing current practices without clear benefits.
Share
More from Jeb Hensarling
How are we that much better off? And if we could put up a slide, you are asking community banks to make a forecast.
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.
May I ask how much time I have left? The SPEAKER pro tempore (Mr. Bacon). The gentleman from Texas has 7 minutes remaining.
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.
Other voices in this conversation
