Win the games. The president but the maker since pat cox building the infrastructure that cost roughly fourteen billion here and yet there is to establish that she has the winters poll top of the citys jim practical education might come about it is not far away from the northern caucasus and islam insists i omit from that region have been carrying out attacks on the crust recipe is. Thats why the organizers of the sixty Olympic Games of stepping up security if in fact. The surroundings so she had been turned into a high security zone. Tens of thousands of soldiers and police are on duty. Security cameras are everywhere in the city. Tears of a attack on high. I most associate residents had other worries wilberforce and your family you summoned from their vegetable garden and fruit trees. Shes unique sub tropical climate provides excellent growing conditions but when the city was chosen for the winter games the family had to leave their land just seven hundred square meters was on the si
On the president s announcement and how it is playing on the editorial pages of major newspapers around the country. Our phone lines are open. Democrats can call in at 2025853881. Independents host you can also catch up with us on your favorite social media pages. A very good wednesday morning to you. That announcement by the president yesterday in the rose garden, playing on the front pages of most every major newspaper around the country today here. The president s hometown newspaper, the washington to remain after the war, the goal is largely what the military requested, is what the Washington Post writes. In usa today, obama u. S. Allout by end of 2016. The picture of u. S. Troops there in cavesistan, living with weapons caches, that is the picture there. Want to show you now a little bit more from the president s speech in which he explains how he is going from 9800 troops at the beginning of next year to essentially zero troops at the end of 2016. Here is what he had to say. At t
Operating under those circumstances. Miss wertheimer has the opportunity today to inform us how she will handle these exceptional challenges. I look forward to hearing from each of ou nominees on these important issues and more. Thank you, senator. There is an 11 00 vote scheduled for them. Its the law of sufficient time to allow questions. We have agreed to limit Opening Statements to the chair and Ranking Member. All senators will welcomed to submit an Opening Statement for the record. Senator curnan will now introduce mayor castro. Thank you mr. Chairman and Ranking Member crapo. Its my pleasure to be with you here today to introduce a fellow san antonioian and texan mr. Castro. He has told me that hes glad to be here and looked forward to your question buzz he especially looks forward to being back in san antonio to help celebrate the victory of the San Antonio Spurs which that celebration is still going on and will for a long time. I know he will take the opportunity to introduce
11 10, but i apologize for this, but if you could abbreviate your questions. Senator toomey. Thank you, mr. Chairman. I will try to abbreviate my question. Good to see you both, and i appreciate the discussion we had in my office,s mayor castro. I do need to follow up on one of the topics we discussed. Many members of this committee alluded to the ongoing work to reform Housing Finance. While we have a range of opinions about how best to do that, i believe there is a unanimous agreement on this committee that however we do it, its got to involved bringing private capital into financing residential mortgages. At the same time we are having this discussion, as you know, there is a movement under way to attempt by certain communities, to attempt to use Eminent Domain as an argument to justify confiscating mortgages from private lenders at a discount some, who knows what discount to what theyre actually worth. First of all, i think its a blatant violation of contract sanctity if they do th
Ms. Wertheimer, please proceed. Chairman johnson, Ranking Member crapo, members of the committee, thank you very much for the opportunity to appear before you today. I am honored to be president obamas nominee for Inspector General of the federal Housing Finance agency. And before i begin, id like to introduce my family, who has accompanied me here today. My husband, andy pincus, our daughter, kate pincus, my steadfast mother, sidelle wertheimer. My inlaws walter and ann pincus. With that, let me get to the meat of what id like to say in my statement. The fhfa plays a crucial role in our Financial System as the safety and soundness regulator of fannie mae, freddie mac and the 12 regional federal home loan banks. To ensure they operate in a safe and sound measure and serve as a reliable source of liquidity and funding for Housing Finance. And as senator crapo mentioned, since september 2008, almost six years now, the agency has acted as conservator for fannie mae and freddie mac, to pro