Im sure the significance of this position at this crucial time is not lost on you. Its not lost on any member of the committee. Its a major focus of the committee for some time now and we agreed to have you here to discuss your thoughts on these matters. On a number of occasions i stated the president ial leadership would be a key component to any successful tax reform effort. Just last week i quoted president obama at a speech on the senate floor back in 2012 he said things like the current Corporate Tax system is outdated, unfair and inefficient. The problem was he never got around to leading out of the tax reform and i expect more on tax reform. That expectation comes in large part because of knowing him and the way that he approaches these things are the. I have to say also because he and secretary have been talking about it so much thats more than that theyve engaged with congress and the public on these issues and i believe your nomination is another way the president has further
Im sure the significance of this position at this crucial time is not lost on you. Its not lost on any member of the committee. Its a major focus of the committee for some time now and we agreed to have you here to discuss your thoughts on these matters. On a number of occasions i stated the president ial leadership would be a key component to any successful tax reform effort. Just last week i quoted president obama at a speech on the senate floor back in 2012 he said things like the current Corporate Tax system is outdated, unfair and inefficient. The problem was he never got around to leading out of the tax reform and i expect more on tax reform. That expectation comes in large part because of knowing him and the way that he approaches these things are the. I have to say also because he and secretary have been talking about it so much thats more than that theyve engaged with congress and the public on these issues and i believe your nomination is another way the president has further
A few that have been here before the committee a number of times you just cant tell you what it means to us. But now we are going to shift a little bit and consider the nomination of mr. David to serve as the assistant secretary of treasury for tax policy. Welcome to the finance committee. We appreciate the willingness to adhere today and we also appreciate the willingness to serve in this capacity. Im sure the significance of this position at this crucial time is not lost on you. Its not lost on any member of the committee. Its a major focus of the committee for some time now and we agreed to have you here to discuss your thoughts on these matters. On a number of occasions i stated the president ial leadership would be a key component to any successful tax reform effort. Just last week i quoted president obama at a speech on the senate floor back in 2012 he said things like the current Corporate Tax system is outdated, unfair and inefficient. The problem was he never got around to lea
A few that have been here before the committee a number of times you just cant tell you what it means to us. But now we are going to shift a little bit and consider the nomination of mr. David to serve as the assistant secretary of treasury for tax policy. Welcome to the finance committee. We appreciate the willingness to adhere today and we also appreciate the willingness to serve in this capacity. Im sure the significance of this position at this crucial time is not lost on you. Its not lost on any member of the committee. Its a major focus of the committee for some time now and we agreed to have you here to discuss your thoughts on these matters. On a number of occasions i stated the president ial leadership would be a key component to any successful tax reform effort. Just last week i quoted president obama at a speech on the senate floor back in 2012 he said things like the current Corporate Tax system is outdated, unfair and inefficient. The problem was he never got around to lea
Are importing co. Importing companies but why dont you start by telling us a little bit about why you wrote the book and why they are so important to the populace. Guest i started covering it in 2004 in the wake of this accounting scandals each company had a big scandal and at the time i was shocked to find out that Companies Like this existed. What is the governmentsponsored enterprise and what the governmentsponsored enterprise did was created in the wake of the depression by roosevelt in order to help the Home Ownership and the idea was if you have this institution that could buy up the loans that banks lenders have made that would free them because they wouldnt have to worry that their capital was all tied up in a loan they had made so the idea was this would help foster Home Ownership and that was the beginning of fannie mae. No other country has it and most people credit data to the existence and so these companies have grown to be absolutely and orbis. Frankie and fannie togethe