With all due respect, the President is clear on what he wants to do. My job is to run HUD and to take down the regulatory environment, which I hear from the industry experts as I travel. The regulations and the regulatory environment are crippling building in our country. You have a different view than I do. And I just want you to know that if we use that money for housing, we could build 1.1 million affordable housing units. (06:01–06:06)
CLAIM
Asserts that current regulations hinder construction in the U.S.
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