Solve his problem. Well, the problem is, miss secretary, you got 20,000 people working for you. Every one of them has a problem going to come to you and youre going to solve that . This problem of and this rule spoke of, supervisor who has been firing people and is still there and apparently after providing retribution to people trying to improve the system, you need to have a system where those people are removed and you need to make it stick because not everybody can reach you and have you intervene and solve their little problem. You need to have a managementing that manage 20,000 people in an effective manner. How huh are you fog to do that in. Congressman, we have several complaints that we forward to the ig that come directly from our leaders and staff and they are raised by an employee a trusted chain of command and the chain of command raises the issue and we forward it over. Ill give you example and ms. Halladay mentioned this, the baltimore situation. It was raised by the cha
Worked against those trying to escape europe certainly in the 1930s and during the war. , but like so much, we talk about the immigration system and how systems Work Together in other countries. It may depend on whether people come from. Where the people come from. Certainly those people in germany who were trying to get german exitject to requirements and at times germany might require you to have so much money to leave. Or you couldnt take as much money out of the country i think is a better way to put it. You could not take a certain amount out. U. S. Law required you to not be a public and required you to show so much money to qualify for a visa. Someone might be caught between a rock and a hard place when the one rule disqualifies a visa and beyond that the quota only allowed so many people care yearend if the quota is exhausted, then there is no more lisas until the next month or the next year. Host of your wants to know do we address the economy part of this guest we didnt reall
Any act, the result of which that the thing you object to by virtue of submitting your virtue on a piece of paper that triggers the government that results in the provision of the coverage that you object to and it will will be this act. How will that be and all you have to do is push a button, lets say, that will bring it into the same play that brought in to play by your objection and if you press that, it is a different act in your pressing that that will bring into play the government financing of the things that you objected. And if that were the case you would say when we pressed that button we are facilitating and bringing about the very things that we object to, we are complicit. I dont know that we would, first of all, by pressing the button with whom we have contracted to arrange for the services, we might not be a part of that. If the pressing a button is not substantially different. This is the kind of thing, these are difficult and philosophical and moral lessons and im no
Related to the september fhafa ruling revising membership requirement of fhlbs. And what they want to know is since they dont hold mortgages they being the Ohio Capital Fund that that range from 110 depends on the type or the asset size. When that goes into effect, it would cause them to terminate their membership with a Federal Home Loan Bank in cincinnati because it doesnt hold mortgages. So would you or your team give any consideration of doing an evaluation on the impact of the burden to Community Development Financial Institutions of a less severe remedy than loss of membership . We, we are looking at every aspect of this. Weve got, as i indicated before approximately 1300 comments in response to the proposed rule, and were going through them. Our preliminary analysis indicates that despite the fact that there are 7500 members of the Federal Home Loan Bank system now, only 50100 of them would bed adversely affected would be adversely affected by the rule. And thats not to minimize
Later a look at the International Response to the Ebola Outbreak in west africa. Wednesday the Senate Banking Committee Held a hearing on freddie mac, fannie mae and the state of the Housing Mortgage industry. Congressman mel watt took the updated members on new efforts to assist homeowners. This is 90 minutes. I call this hearing, your honor, welcome back to the committee. Since this is likely my last hearing regarding gses i would like to encourage my colleagues to for the past three years, we and our staff have spent count less hours wrestling with the possible solutions and pittal falls. Some options are not practical, while others are too it logical, yet we still need to find a solution. The enterprises remain trapped today. Fhfa continues to perform the dual role of both regulating and rating the business of the largest entities in the Mortgage Market. This is not sustainable. And there is no consensus in Congress Regarding how to move forward. All the while, the credit box remai