United states in his official capacity. The District Court committed multiple fundamental errors for refusing to dismiss the suit and plaintiffs are speedy spake up just a little bit and bring the microphone a little closer if you can. The plaintiffs are fundamentally mistaken in asserting that this court is powerless to correct any of those errors at this time. We have identified two different pass through which this court can grant relief but theres one overarching point that is of central importance. That is this. The Supreme Court in cheney make clear separation of powers are taken, our utmost important when considering mandamus petitions involving the president of the United States. For example, the court quoted chief Justice Marshall to say that in no case where the court be required to treat come proceed against the president as what against a private individual. Moreover, the court said the high respect that is to the office of the president must be considered throughout the en
In terms of rainfall, up to 5 inches of rain in the Santa Cruz Mountains. Some of the valleys, all of this powered up by this atmospheric any time these are made, you can double and triple your rainfall rates per hour. How long this will stick around in the sevenday forecast coming up in 12 minutes. See you then. Thank you, rob. Buckets of rain are headed to the bay area. That has some in the east bay making moves to get their homes ready for it. Melissa colorado joins us from oakland. Its going to hit hard. Do yourself a favor. Do you see a storm drain near your home . Clear it out, take a couple of minutes. I have a feeling this will be a troublesome spot. Once it starts raining, all of that water will come cascading down and collect right here and it will be a probable for drivers. Theres a lot to be done to up to 3 inches we have to do our part. To keep the drains clean. Its not just leaves that end up clogging the storm drains. He finds a hazardous combo of trash that could never
This hearing will come to order. Today we are joined by the leading voices within the administration on reforming and strengthening our Housing Finance system. The secretary of the treasury and secretary of housing and urban development, both of whom have submitted reform proposals to the president , as well as the director of the federal Housing Finance agency who serves as the regulator conservator of freddie mae and fanny fannie mae and freddie mac. It marks 11 years since the government bailed out and put those where they remain today. Prior to 2008 the Government Sponsored Enterprises held . 45 in capital for every 100 in capital for every 100 in mortgages guaranteed. Now they hold just . 19 after a 200 bailout from taxpayers. 11 years later these systemically Important Companies continue to be too big to fail and are more leverage than they were before the financial crisis. Taxpayers inevitably remain on the hook for the next market downturn. In march pres. Trump signed a memoran
[inaudible conversations] [inaudible conversations] [inaudible conversations] this hearing will come to order. Today we are joined by the leading voices within the administration on reforming and strengthening our housing and finance system. The secretary of the treasury, and the secretary of housing and urban development, both of whom have just submitted Housing Finance reform for fossils to the president , as was the director of the federal Housing Finance agency who serves as the regulator and conservator of fannie mae and freddie mac. I want to thank each of you for coming to the committee this morning. Last friday marked 11 since the government bailed out and put fannie mae and freddie mac into conservatorship, where they remain today. Prior to 2008, the governmentsponsored Enterprises Held a 45 cents in capital for every 100 in mortgages they guaranteed. Now just 19 cents after a historic 200 billiondollar bailout from taxpayers. 11 years later they continue to be too big to fail
[inaudible conversations] [inaudible conversations] this hearing will come to order. Today we are joined by the leading voices within the administration on reforming and strengthening our housing and finance system. The secretary of the treasury, and the secretary of housing and urban development, both of whom have just submitted Housing Finance reform for fossils to the president , as was the director of the federal Housing Finance agency who serves as the regulator and conservator of fannie mae and freddie mac. I want to thank each of you for coming to the committee this morning. Last friday marked 11 since the government bailed out and put fannie mae and freddie mac into conservatorship, where they remain today. Prior to 2008, the governmentsponsored Enterprises Held a 45 cents in capital for every 100 in mortgages they guaranteed. Now just 19 cents after a historic 200 billiondollar bailout from taxpayers. 11 years later they continue to be too big to fail and are even more leverag