“I hope that my vote today is understood clearly by the Administration as one more effort on my part, on behalf of my desperate constituents, to get the Administration to recognize the urgency of the housing crisis and respond to it accordingly.”

The House Oversight Committee held its first hearing since Darrell Issa got the gavel today, and it’s on TARP and foreclosures. And that bifurcation is accurate – the Republicans on the panel, for the most part, are asking about TARP, and the Democrats are asking about foreclosures.