Jeb Hensarling said...

Frankly, Congress hasn't spoken on issues like this since 1930. We have just been frozen out of the process on an issue ...

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

Putting layers of diversified private capital in a first loss position will help ensure more accurate pricing of risk.

I maintained it was perhaps the single most powerful and unaccountable agency in the history of the republic.