Archives the focus on the 2008 economic recession, trade and finance. All of the programs that youre about to see can be viewed in their entirety by visiting our website, booktv. Org and you can do for the search function at the top of the page. First and february of 2015, the American Enterprise Institute Peter wallace and appears on our Author Interview program afterwards. He argued that government policy caused the 2008 financial crisis. Hidden in plain sight pretty literally caused the world financial crisis and why it could happen again printed you remember the financial crisis. It was investigating the causes and oh seven and oh eight pretty and you said that not only in the democrats on the committee but also from the republicans appointees, what did you see that they did not. Ive been looking at the housing system in the United States printed donna frank ansari, fannie mae and freddie mac. For quite a while before i got in the commission. So i had a lot of background of what is
Peter your new book is called hidden in plain sight. You remember the Financial Crisis Inquiry Commission investigating the cause of the 2,072,008 financial crisis not only democrats but also from the republican appointees what did you see that they didnt . The housing system in the United States fannie mae and freddie mac for quite a while before a lot of background of what has been happening in the housing sector. I was looking for the commission to look into what happened with fannie mae and freddie mac what role they couldve played in the housing crisis and i found the commission was not interested in that. They would not look at it to the degree that i tried to interest them and given all kinds of signals that is not something they would do but my differences with the republicans came from the fact that my view our responsibility on the commission was to make sure the American People understood what happened in the crisis and i was outside the partisan differences between the repu
Order. Ask unanimous consent be authorized to recess during todays hearing. Without objection so ordered. Ask u manp mon news consent that members not to ask questions. Without objection, so ordered. So good morning. I want to thank the witnesses for joining the subcommittee today for a discussion on the air travel experience. According to the u. S. Bureau of transportation statistics in 2018 u. S. Airlines carried 925. 25 million passengers to destinations in the u. S. And abroad. The highest total since 2003. The federal aviation, faas counter aero space forecast predicts an increase of roughly 2 per year over the next 20 years. In the punlet sound, the number of passengers is expected to grow from 24 million in 2018 up to 55. 6 million by 2050. While increased demand creates new Economic Opportunities and enhances the aviation network, longstanding challenges can hinder growth. U. S. Airlines have invested in products including i. T. Such as smartphone apps to destresp travel experi
The Senate Banking committee thato the Senate Banking commite that the cf pp director to capitol hill to answer questions. Spinnaker hearing will go toward her. Today we will receive testimony from cfp direct her Kathy Kraninger. Including the rulemaking seemed supervisory regulatory activities. The report also provides insight into what the cfpb plans to undertake in the upcoming were period. Consumer protection is vital for the properly functioning Financial Market it is best determined by the robust quantitative analysis. Under director and Kathy Kraningers leadership ensures that they are datadriven, appropriately tailored to satisfy the obligations and based on sound evidence and legal support. Thereve been promising changes that are cfpb leadership under Kathy Kraninger but it remains abundantly clear that the fundamental structure of cfpb must be reconsidered to make it more transparent and accountab accountable. Last week the Supreme Court heard arguments for the cfpb case that
Activities. The report also provides insight into what the cfpb plans to undertake in the upcoming were period. Consumer protection is vital for the properly functioning Financial Market it is best determined by the robust quantitative analysis. Under director and Kathy Kraningers leadership ensures that they are datadriven, appropriately tailored to satisfy the obligations and based on sound evidence and legal support. Thereve been promising changes that are cfpb leadership under Kathy Kraninger but it remains abundantly clear that the fundamental structure of cfpb must be reconsidered to make it more transparent and accountab accountable. Last week the Supreme Court heard arguments for the cfpb case that examines the constitutionality of the Leadership Structure. March 2, 2020, the wall street Journal Editorial Board referred to this as a constitutional case of the year and stated that the question presented goes to the heart of the separation of powers and whether the Administrative