Madam Speaker, I move to suspend the rules and pass the bill (H.R. 2167) to authorize the Secretary of Housing and Urban Development to establish additional requirements to improve the fiscal safety and soundness of the home equity…
Jeb Hensarling
The Public Record
Jeb Hensarling is a former Republican member of the United States House of Representatives, representing Texas's 5th congressional district from 2003 to 2019. During his tenure, he served as the chairman of the House Financial Services Committee, where he played a significant role in shaping financial regulation and policy. Hensarling was known for his advocacy of free-market principles and his opposition to the Dodd-Frank Act, which was enacted in response to the 2008 financial crisis.
Madam Speaker, regrettably for the American people, they see a nonrecovery recovery. Millions of our fellow citizens remain unemployed and underemployed. That's why House Republicans are working to make the Tax Code fairer, flatter…
Mr. Speaker, may I inquire as to how much time remains on both sides. The SPEAKER pro tempore. The gentleman from Texas has 3\1/4\ minutes remaining, and the gentlewoman from California has 12 minutes remaining.
I yield myself 15 seconds, Mr. Speaker, to say, one, if this is a disgrace, you need to inform almost two-thirds of your Members who voted for it in committee. Second of all, nothing in this amends Dodd-Frank. Third of all, you all tell us…
Mr. Speaker, I yield 2 minutes to the gentleman from Texas (Mr. Neugebauer), chairman of the Housing and Insurance Subcommittee.
By inserting political considerations into the market, the Bank's activities do expose taxpayers to risks, while producing a less efficient economy than would otherwise occur in a free market without the Bank's interference.
I believe Ex-Im does pose risks to taxpayers, and it could be doing more to mitigate those risks, many of which have been identified by the Inspector General.
The Bank picks winners and losers in our economy by providing loan guarantees, export credit insurance, working capital guarantees, and direct loans to American exporters and purchasers of U.S. exports.
While I don't often find myself in agreement with statements coming out of the Obama Administration, I have found occasion to agree with them on the market-distorting power of the Export-Import Bank.
At this time, Mr. Speaker, I yield 2 minutes to the gentleman from Florida (Mr. Crenshaw). {time} 1600
What we have to do is to get--the government has nationalized the housing finance market in this country.





