Rejected. So my colleagues and i have been working with a wide variety of stakeholders, including many of you, to simplify things moving forward. Case in point is the qualified Residential Mortgage rule. As all of you know in august, six federal agencies including hud proposed a revised version of qrm to make it equal, qm. This is a direct result of the feedback weve received since the first proposal in 2011. You told us it needed to be refinded, and we listened. Refined, and we listened. Now our rule now some of our critics have called this a dilution of our rule. But as you know, qm itself is a very strong measure, as im sure director cordray will confirm later in the conference. And were confident that this will find the right balance between responsibility and opportunity moving forward. Another example of proper coordination is huds qualified mortgage rule which builds off the qualified mortgage definition set forth in cfpbs final rule. It extends the cfpb patch defining loans tha
The confusion continues. So it is fitting were here today in d. C. So we can be heard loud and clear. We are here to call and policy makers collectively to recognize the collective impact of the rules, regulations, litigation and enforcement action because at the end of the day we are putting the American Dream at risk. My hope is that maybe this time weekend strike a balance together, constructive, and its up policy politics have to make. Workingclass towns, hispanic american africanamericans, for some homebuyers, Single Parents trying to raise the kids who want to own a home, we end up creating a perfectly riskfree safe and sound system and that will be the system for those who need the help the least. Theres no doubt theres conflict and rulemaking. This is hurting the return of private capital. Policymakers quite frankly can give lipservice to the desire to bring back private capital because the actions clearly are working against that return. So im asking one more time for policies
Tobacco. Four score and seven years ago tonight 150 years to the day that changed everything. We begin tonight with questions of confidence and credibility at the white house. The president is getting hammered day after day over the rocky rollout over the health care website. Today it was warned that the website is a Security Risk to americans. We begin with Mike Viqueira at the white house. Mike . John, if its a scandal it is not necessarily of who knew what when, its a scandal of government inneptude. Today this morning on the front of the washington post, a leak that ended up having a hearing, a document six months before the law from mackenzie and company, a private outside consultant warning of some of the problems with the website. The president was informed. He was briefed about this report. The white house has said time and time again and again today repeated in response, that no one could have anticipated the size and scope of what was to come in terms of the problems and glit
The Global Financial crisis. [ music ]. Hello, welcome to al jazeera america. Im stephanie sy. The Supreme Court has ruled against blocking a restrictive abortion law in texas. The ruling lets the state continue to enforce some of the strictest abortion restrictions in the country while a legal appeal continues in a lower court. By a 54 vote they decided not to intervene to require doctors who perform abortion tos have admitting privilege at hospitals. The law also limits the use of abortioninducing drugs, bans them after the 20th week of pregnancy and limits procedures to surgical facilities. A legal challenge will be held in jan. A victory in new mexico for those in favour of the abortion rights. Voters rejected a ban on lateterm abortions in burke. Battles are usually fought at the federal and state levels. The law would have barred doctors performing abortions after 20 weeks of pregnancy. There was no exceptions for cases of rape or inassessment. Signups for medical insurance are r
We begin with two major decisions in the battle over abortion both have farreaching implications. The first is from the Supreme Court, refusing to block parts of texas sweeping restrictions, some of the strictest in the country by a slim 54, the high court kept in place a ruling requiring doctors who perform abortions to have privileges at a local hospital in texas. Its a rule that caused more than a third of the states abortion clinics to stop performing the procedure. Thats in texas. In new mexico albuquerque is taking up a photo to ban lateterm abortions including for rape or inassessment. Its believed to be the first time a City Government took up the issue. To tara banks for more on that. This is the largest turnout for a special election in albuquerque history. The early numbers are in. Lets take a look. A little more than 25,000 voted for the lateterm abortion ban, and 31,000 voted against the ban. So so far this measure is not going to pass. Well have to keep up with the number