Of Affordable Housing, a review of the Trump Administrations plan to change Housing Finance in america. Before i recognize myself members, today is [inaudible]s birthday come back if anyone wishes to sing happy birthday please save it until later. [laughter] we all thank you for that. Happy birthday. We now recognize myself performing its given soft Opening Statement. Good morning. Today we are here to discuss the impact of the Trump Administrations house and finance reform plan. We are joined by treasury secretary steve mnuchin, hud secretary ben carson and federal Housing Finance agency director. Welcome. Let me say that the Trump Administration Housing Finance reform plan would be a disastrous for our system. The trump demonstration is threatening to end the conservatorship of the government sponsored that is the gses. Would ask National Action to provide and expose the government guarantee. It is implement it in this way and is likely create turmoil in the Housing Market will preve
Today, it is mr. Birthday. [applause] rep. Waters if anyone wishes to sing happy birthday, please save it for later. [laughter] we thank you for that, madam chair. Rep. Waters i recognize myself for four minutes to give an opening statement. Good morning. Discuss theto impact of the trump and ministrations housing reform plan. We are joined by stephen mnuchin, hud director, ben carson, and mark calabro. Welcome. Administrations housing reform plan would be disastrous for our housing system. The Trump Administration is threatening to end the conservatorship of the government sponsored enterprise. Without congressional action to provide explicit government guarantee, it is implemented in this way, it is likely it would create turmoil in the Housing Market, prevent Many Americans from obtaining 30 year fixed Rate Mortgages unblock families across the country from attaining the American Dream of homeownership. For this reckless plan administrative action on the table, the Trump Administrat
Planned to ask the u. S. Not to impose tariffs on december 15th, 15 tariffs. Not seeing the Vice President s speech Strong Enough to stop the trade progress. Still chinese saying the speech was full of arrogance, hypocrisy as well as lies. Spokesperson for the Chinese Foreign ministry pushing back on the human rights accusations. Turning it around on the u. S. , highlighting income gap between rich and poor, pulling back from treaties and mass shootings. We advice people in the night to take a good look at themselves in the mirror to recognize their own problems, manage their own affairs. Vice president chief of staff made a point directly, to talk plainly to the chinese government, plus tell them that the u. S. Is willing to work with them. I think the Vice President extend ad hand to say we do not want to decouple from china. Were anxious to have a trade deal. At same time, what i think we have seen administrations do, republican, democrat alike. Once we allow china in the world trad
Welcome to bloomberg daybreak europe. Earnings season, here we go. To this, crossing the bloomberg. It is raising its fullyear 3. 5 to 3. 55ld to euros. That is the headline at the moment. It is also announcing clearance for metadata, so that is that deal that was announced not that long ago and it is announcing clearance for that, so thats another headline coming through and its also reaffirming its revenue target. Those are the numbers coming through. Coming up on bloomberg, the ceo joins us for his first interview of the day. We will get into a lot more details and talk about the industry as well. Do not miss that conversation. Speaking of industry, lets take a look at basf. Third quarter adjusted ebitda, that is the red headline. 1. 1 2 billion euros. Estimate, 1. 06. There was an expectation that in be Third Quarter, basf could hit by slowing industrial demand. That is the story we are getting for other companies in this earnings season as well. Third quarter adjusted ebit is a be
What is happening in the World Economy. Working off a couple signs that the Global Economy is losing momentum. We are also getting october area manufacturing pmi instead of the forecast of 46 pounds. Its all to do with the extension. Were hoping and waiting to hear from the eu. We are getting a couple of key decisions and we have the ecb a little bit later today. All eyes on mario draghi for his last News Conference. Bank norges bank leaving its key rate unchanged. Shares are down 22. 5 and we will have a full roundup of all of your stocks. Coming up, we speak to the acting chief executive of air shuttle in about 10 minutes. But first, lets get straight to first word news in your city. Agree theysadors should accept the eus request for a third extension of the brexit process. Splitey are reportedly over how long to grant the extension. The french are pushing for a tight deadline but many other countries want to permit the three months officially asked for. Johnson was forced to ask for