Any act, the result of which that the thing you object to by virtue of submitting your virtue on a piece of paper that triggers the government that results in the provision of the coverage that you object to and it will will be this act. How will that be and all you have to do is push a button, lets say, that will bring it into the same play that brought in to play by your objection and if you press that, it is a different act in your pressing that that will bring into play the government financing of the things that you objected. And if that were the case you would say when we pressed that button we are facilitating and bringing about the very things that we object to, we are complicit. I dont know that we would, first of all, by pressing the button with whom we have contracted to arrange for the services, we might not be a part of that. If the pressing a button is not substantially different. This is the kind of thing, these are difficult and philosophical and moral lessons and im no
Related to the september fhafa ruling revising membership requirement of fhlbs. And what they want to know is since they dont hold mortgages they being the Ohio Capital Fund that that range from 110 depends on the type or the asset size. When that goes into effect, it would cause them to terminate their membership with a Federal Home Loan Bank in cincinnati because it doesnt hold mortgages. So would you or your team give any consideration of doing an evaluation on the impact of the burden to Community Development Financial Institutions of a less severe remedy than loss of membership . We, we are looking at every aspect of this. Weve got, as i indicated before approximately 1300 comments in response to the proposed rule, and were going through them. Our preliminary analysis indicates that despite the fact that there are 7500 members of the Federal Home Loan Bank system now, only 50100 of them would bed adversely affected would be adversely affected by the rule. And thats not to minimize
Later a look at the International Response to the Ebola Outbreak in west africa. Wednesday the Senate Banking Committee Held a hearing on freddie mac, fannie mae and the state of the Housing Mortgage industry. Congressman mel watt took the updated members on new efforts to assist homeowners. This is 90 minutes. I call this hearing, your honor, welcome back to the committee. Since this is likely my last hearing regarding gses i would like to encourage my colleagues to for the past three years, we and our staff have spent count less hours wrestling with the possible solutions and pittal falls. Some options are not practical, while others are too it logical, yet we still need to find a solution. The enterprises remain trapped today. Fhfa continues to perform the dual role of both regulating and rating the business of the largest entities in the Mortgage Market. This is not sustainable. And there is no consensus in Congress Regarding how to move forward. All the while, the credit box remai
Like you were at some of these meetings where some of these things were discussed no, the nsa was there, i just got the tapes. Im sorry. So we dont have a public listing, per se, but in the first phase of power africa, we did very carefully, through a rigorous interagency process, discuss which would be the six focus countries. And the factors that you describe are, indeed, many of the things that we looked at, to try to assess who would be the good partners. And we will go through a similar process as we think about the expansion. One of the ones that i theres plenty to say about all of them, but one of the ones that ill just spend a moment on is the host countrys commitment. Because as some of the other testimony alluded to, if youre trying to have viable electric utilities, if youre trying to solve some of the problems that are private sector, investors have encountered, in trying to do viable deals, youve got to have a commitment to do things differently. So that was a very one of
Get the turks and the turks wont do it unless we go after assad. So are we getting sucked deeper and deeper, and back to the original question, what should we do, jim . Well, i mean, i think theres no doubt that isis eventually will be driven out of the Population Centers in iraq or at least lose control of them. I mean, they may go underground but they will lose control because theyre a minority of the sunni population which is a minority of the iraqi population, and so the kurds and the shia between them with whatever marginal help they get from the sunnis are eventually going to retake that territory with our assistance, and i dont think that means that you have to put american infantry on the ground. There are boots on the ground. There will be forward observers and advisers and some of them may get killed, but thats a different level of engagement. The real question is syria. I mean, this group emerged out of syria. Many of them are iraqis, but essentially emerged out of syria. It