[Congressional Record Volume 158, Number 86 (Friday, June 8, 2012)]
[House]
[Page H3699]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

            By Mr. PETERS:
        H.R. 5940.
        Congress has the power to enact this legislation pursuant 
     to the following:
       The Commerce Clause (Art. I, Sec.  8, cl. 3) of the United 
     States Constitution provides that the Congress shall have the 
     power to regulate interstate and foreign commerce. This 
     legislation regulates the mortgage markets, which involve 
     significant interstate and foreign commerce, with investors 
     from around the world purchasing mortgages securitized by the 
     Government Sponsored Enterprises.