System. Fannie mae and freddie mac have been in conservatorship for close to nine years. In september 2008, then treasury secretary hank paulson famously described the conservatorships as a timeout. Today, fannie and freddie along with fha continue to dominate the Mortgage Market. Approximately 70 of the mortgages are backed by the federal government. While fannie and freddie are currently earning profits, if the Housing Market experiences a downturn, taxpayers could again be on the hook for billions of dollars. The status quo is not a viable option. The Housing Finance system depends on two Government Sponsored Enterprises and perpetual conservatorship is not a sustainable solution. Taxpayers today bear too much risk and the government plays too big a role in the Mortgage Market. A number of groups have released proposals for reform in recent months. Including the mba, the icba, the milken institute, several coauthors writing jointly for the urban institute, and many others. The commi
Before a new Committee Structure the chair of this Committee Aaron pes kin joined by supervisor breed to my left. Our clerk is major. Do you have any announcements . Yes please silence all devices cards should be submitted to the clerk. Items acted upon will appear on the agenda unless otherwise stated. Thank you can you please call the first item . Yes the first is to hear presentations from the San Francisco Municipal Transportation Agency on the citys onstreet car sharing. Thank you mrs. Major. I called this hearing i have been contemplating it quite some time i called this hearing before the winter break to hear more about the mtas onstreet Car Sharing Program anecdotally as i was walking the streets of district three for the better part of six months leading up to the november 2015 election i not only saw more and more of these designated spots popping up. But hearing from the constituents on the north east county of San Francisco. And wanted to do for the board of supervisors wha
Acted upon will appear on the agenda unless otherwise stated. Thank you can you please call the first item . Yes the first is to hear presentations from the San Francisco Municipal Transportation Agency on the citys onstreet car sharing. Thank you mrs. Major. I called this hearing i have been contemplating it quite some time i called this hearing before the winter break to hear more about the mtas onstreet Car Sharing Program anecdotally as i was walking the streets of district three for the better part of six months leading up to the november 2015 election i not only saw more and more of these designated spots popping up. But hearing from the constituents on the north east county of San Francisco. And wanted to do for the board of supervisors what has happened now on a number of occasions in the nuance Transportation Agency commission which is to one, get a presentation from mta staff about the program and two, ask questions that constituents have been asking me and see if we can Work
Will take you to house your current charges inspectors general are facing mecca several existing staff vacancies. The history of being blocked particularly as two attorneys at department of justice. Weve had no issues whatsoever and theres been a significant change in the approach. Anyone else . At peace corps before the former direct her that she put out a joint communication with me, basically saying we have access to everything now. Especially the assault and harassment. Weve made a significant progress in some good delays we were experiencing and given access to records. Excellent. The committee has done good work. Thank you, mr. Chairman. I yield back. The chair recognizes the gentleman from virginia for five minutes. Thank you, mr. Chairman. Thank you and welcome to our panel. My friend from california wants to minimize what just occurred. I understand that from the point of view. There is nothing trivial about any six or seven phone calls to individual inspectors general for the
Thats the mayor of las vegas. That is Carolyn Goodman the mayor. Shes an amazing person because shes got her own idea for where the stadium should go. But she also has really interesting ideas about gambling and the nfl and how its really kind of evaporating. In fact, the nhl will be playing at the dome stadium coming up next season. So a lot of these barriers, gambling and gaming are starting to fall now. She has some really interesting stuff. Well talk to her at 6 00 about that. Were looking forward to that part of the interview, ken. There was another thought for the potential space for the stadium, right. Theres actually a couple other sites. The one downtown that youre referring to is the mayors choice. Thats really in the old section of las vegas. I dont want to say decripid run down area but an area that has not been built new like the strip behind me. The Las Vegas Authority does not like that site. They like this site. Theres a second site theyre considering but its too close