Cynthia M. Lummis

Thank you, Mr. Chairman.

Having access to both clean drinking water and wastewater infrastructure is a necessity for communities in this day and age.

So if your ultimate goal is to provide real consumer protection, shouldn't the SEC withdraw Staff Accounting Bulletin 121 to allow banks to provide custody?

This hearing has just been really enlightening, and I am really grateful to you for holding it.

The problems that you are solving with your approaches are extremely important.

Well, housing for workers, especially in resort communities, it is an extreme challenge.

I would call to all of your attention an article that was in Cowboy State Daily yesterday.

So you are talking about places that have extraordinary insulation needs because of our cold winters.

What does the housing shortfall look like in rural communities?

Buying a home is a critical part of the American dream, and that dream is out of reach for an increasing number of Americans because of high prices and high mortgage rates.

Without enough housing, we damage our communities, hold back the small businesses that power this country's growth, and make it harder for millions of families to build wealth.

I think that is a really smart idea.

So Mr. Green, would it be advisable to us for us to consider a carveout from Dodd-Frank for smaller-sized mortgages that provide a lesser regulatory burden and therefore a greater financial incentive for financial institutions to lend…

I want to thank you for that.

I would ask you to provide that to the Committee so that we can go through and have a better inventory.

The more requirements that are placed on them by us, federally, the harder it is for them to spend the time, the paperwork, to do those small mortgages

The Congress, both under the last Administration and under this one, has embarked on an irresponsible spending spree.

So I think it is important that we talk about how we can get past this and find alternative housing financial products like land contracts and lease-to-own agreements that have fewer hurdles and that do not protect consumers adequately.

So now is the time to think creatively about how to help families purchase their first home.

Buying a home is a critical part of the American dream. Because of higher prices and higher mortgage rates, this dream is out of reach for an increasing number of Americans.

I could not agree more with my colleagues, and the need to pass NAHASDA and so many other essential housing bills.

In many cases, multigenerational families are overcrowded in homes.

Lack of safe, affordable, and available housing impacts communities across Wyoming, but especially on the Wind River Reservation.

The housing gap has widened as the demand for housing is outpacing new construction.