Jeb Hensarling: “We have discussed that, but a number of small community banks said, 'We are going to get left off this system. It is…”

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.

If we ignore that basic fact, we are willfully disregarding history, and we are bound to repeat history.

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.

Tonight it is a privilege that I have to yield to somebody who has become a good friend and an excellent colleague, who has served with me, at my side, at the House Financial Services Committee, who will be leaving us at the end of this…