I assume by definition, you do not define 10 years as acting precipitously. Is that correct?

Thank you. I thought that was the answer, so you clarified that for me.

I know those on the other side of the aisle will be critical of this Congress about the pace in which this committee has formally considered legislation to address Fannie and Freddie.

Mr. Speaker, by direction of the Republican Conference, I offer a privileged resolution and ask for its immediate consideration. The Clerk read the resolution, as follows: H. Res. 168 Resolved, That the following named Members be and are…

Madam Chair, we can do better than trillions of dollars of debt that is borrowed from the Chinese and the bills are sent to our children and grandchildren. When the annual deficit was $200 billion and falling, another gentleman from…

Mr. Chairman, I yield myself such time as I may consume. Mr. Chairman, the American people woke up several days ago to the very sad reality that this Nation has just incurred its single largest monthly deficit in the history of the Nation…

Mr. Chairman, at this time I yield 2 minutes to the distinguished majority leader, the gentleman from Virginia (Mr. Cantor).

Madam Chair, again, we cannot lose sight of the fact that our Nation is drowning in a sea of red ink. It is a sea of red ink that continues to hamper job creation. Job creators today are uncertain of our future. They know, though, they…

Reclaiming my time, I would just point out to the ranking member that was not the vote before us. And if there was a chance to get out the cotton subsidies--and I must admit people on both sides of the aisle vote for them, but the…

We heard throughout the debate there needs to be a consistency, a consistency of debate. So let me get this right. A payday lender is guilty of predatory lending if they loan money to somebody who is underwater, to somebody who may be…

I yield to the distinguished chairman of the Financial Services Committee, the gentleman from Alabama (Mr. Bachus).