Jeb Hensarling: “I would like to yield 1 minute to the author of the bill, the gentleman from New Jersey (Mr. Garrett).”

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

HUD has failed far too many for far too long.

I am pleased to yield 3 minutes the gentleman from North Carolina (Mr. Pittenger), the vice chairman of the Terrorism and Illicit Finance Subcommittee and the author of the FIRRMA bill before us.

Thank you, Ms. Grimes, for your testimony. We know it is not always easy to be in this chair and discuss these types of charges.