Event, and thanks sponsoring, i should say, and thanks to all the folks at urban who helped to put this on. As you can imagine, an event of this size is neither inexpensive nor easy to pull off, so thanks, everybody, for the help. Tonight well have two panels that will run until roughly 7 45 and then well have another reception until about 8 15, plus or minus. Ill say a few words to sort of tie the thinking behind the two panels together, and then well wade right in to the first panel. But again, thank you guys for coming, for braving the heat and the 5 00 traffic. This is a fun way to kick off the urban space. I will note that the picture behind the title is unintentionally ironic. We say administrative reform. We mean that which can be done without the help of the building behind it, so keep that in mind as you hear us. So for the last 10 years of debate over Housing Finance reform, much of the focus has been on how to reduce the dominance of fannie and freddie in the system. So whet
Subtropical climate but the fact that the subtropical climate happens to be in the country that actually occupies the most territory in the arctic region is rather an almost as well. Never before has Olympic Games been held in the region in such close proximity to a conflict zone. Never before, although more about this conflict zone never before has Olympic Games been held na conflict, in such close proximity to conflict zone in which was, in fact the site effectively to civil wars in the country that is holding the games. One of which effectively russia lost in the mid 1990s with chechnya and one of which was one, the zone in the northern caucasus they are referring to where my esteemed colleagues will talk at greater length about the challenges you know, when mr. Putin went down to Guatemala City in 2007 it was a period of relative relative quiet since i would say in the area. Chechnya have been somewhat stabilized, and the frequency of violence in the other republics, the northern c
And longerterm debt moved the opposite way. Now the actual risk is quite the opposite. You are going to get your money back at the end of september, no question about that. Whether you will be repaid within the confetti years from now is what the issue is. And you know again, i think gradually the markets are going to have to readjust to that approach. Its my unpleasant task to bring the proceedings to a close here this morning. Dare i say we are indebted to you and sudeep and the panelists first of all for sudeeps thoughtful questions and responses and for all of you hanging in there. On behalf of jason and myself bill hoagland we thank you for sticking in with us both the audience here and the audience viewing particularly on our Early Morning after the super bowl. [inaudible conversations] [inaudible conversations] a quick reminder if you missed any of todays event you can watch it anytime in the cspan video library. Go to cspan. Org. We have been asking for your thoughts on raising
A tightening. We dont think theres an inflation problem or anything like that. On the one hand, asset purchases are still going to be continuing. Well still be building our Balance Sheet. The total amount of assets we acquire are probably more certainly monday than was expected in september 2012 or june 2013, so well have a very substantial Balance Sheet, which well continue to hold. And now weve clarified our guidance that we will be keeping rates low well past unemployment of 6. 5 . So, were trying here to get a high level of accommodation. It is true that the purchases are we view as supplementary to the Interest Rate policy. But again, the action today is intended to keep the level of accommodation more or less the same overall and enough to push the economy forward. Dow jones. In an earlier response you sort of laid out the argument or sort of explained why the committee didnt lower the 6. 5 unemployment threshold. Is that conversation over . Have you all put off the table changin
Mr. Reid i ask consent the call of the quorum be terminated. The presiding officer without objection. Mr. Reid i ask unanimous consent the senate proceed to executive session to consider calendar nominations 272 and377. The presiding officer without objection. Mr. Reid i ask the nominations be confirmed en bloc, the motion to reconsider be considered made and laid on the table with no intervening action or debate and no further actions be in order to any nominations that any statements be printed in the record and president obama be immediately notified of the senates action and the senate then resume legislative session. The presiding officer without objection. Mr. Reid i now ask madam president , unanimous consent that the Judiciary Committee be discharged from further proceedings regarding s. Res. 254 and we now proceed to that matter. The presiding officer the clerk will report. The clerk s. Res. 254 designating november 2 2013, as National Bison day. The presiding officer without