Rep. Katie Porter, a California Democrat, asked Carson about real estate owned properties -- or REOs, properties that fail to sell at foreclosure auctions -- during his testimony before the House Financial Services Committee. Porter asked, "what's the O stand for?," to which Carson answered, "organization." I asked @SecretaryCarson about REOs - a basic term related to foreclosure - at a hearing today. CLIP: Complete exchange between Rep. Pressley and Secretary Carson. After recounting a story about a constituent family living in an apartment plagued by mold, Pressley asked Carson whether they "deserve deserve to live in these conditions because they are poor?"

Source: CNN May 21, 2019 20:03 UTC