Scott Fitzgerald: “I think it is important for us to remember the human element in all this and how difficult and gut-wrenching this would…”

I have an amendment at the desk. The Acting CHAIR. The Clerk will designate the amendment. The text of the amendment is as follows: At the end of the bill (before the short title), insert the following: Sec. 902. None of the funds made…

These issues, I think, kind of highlight the lack of analysis on how the proposal could affect users.

My short answer would be because this is our job, not the Commission's job. This is our job. That is the point of the amendment, to put the power back in the hands of Congress and not have these rogue agencies. Mr. Chair, I yield 2 minutes…

I have been particularly concerned with the proposals disincentivizing banks from offering conventional loans to first-time homebuyers and low- to moderate-income borrowers.