[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 the housing and finance some. The secretary of the treasury and the secretary of housing and urban development, both of whom have justice at Housing Finance reform proposals to the president as well as the director of the federal Housing Finance agency who serves as the regulator and conservatory of fannie mae and freddie mac. I want to thank each of you for coming to the committee this morning. Last friday marked 11 years since the government bailed out and put fannie mae and freddie mac in the conservatorship, where they remain today. Prior to 2008, the two governmentsponsored enterprises helped 45 cents in capital for every 100 in mortgages they guaranteed. Now, they hold just 19 cents. After a historic 200 billiondollar bailout from the taxpayers. 11 years later, the systemic
[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 the housing and finance some. The secretary of the treasury and the secretary of housing and urban development, both of whom have justice at Housing Finance reform proposals to the president as well as the director of the federal Housing Finance agency who serves as the regulator and conservatory of fannie mae and freddie mac. I want to thank each of you for coming to the committee this morning. Last friday marked 11 years since the government bailed out and put fannie mae and freddie mac in the conservatorship, where they remain today. Prior to 2008, the two governmentsponsored enterprises helped 45 cents in capital for every 100 in mortgages they guaranteed. Now, they hold just 19 cents. After a historic 200 billiondollar bailout from the taxpayers. 11 years later, the systemic
202 7488000, Health Care Professionals we want to know what you are seeing, your line , ecigarette8001 users, this is about you and we want to know what you think about this ban on flavored isigarettes, your number 202 7488002. If you dont fit in those categories we want to hear from you as well, your line is 202 7488003. We can always be reached on , and you canbook also now text us from your at 202 7488003. Be brief and beyond topic, we will get you on the air. So President Trump on wednesday thatout publicly, and said he and the Trump Administration was considering a ban on flavored ecigarettes, on most of the flavors. Here is what President Trump had to say. We have a problem in our country, its a new problem [captions Copyright National cable satellite corp. 2019] [video clip] we have a problem in our country, its called vaping, especially as it pertains to innocent children. They are coming home, saying mom i want to vape. ,nd parents dont much about it nobody knows much about it
The bank daddy of all banks is supposedly independent but are they really the us treasury was supposed to be independent yet they got bullied into trumps agenda the fed is supposedly an independent Government Agency yet powell bowed to political pressure and now finds himself playing defense this is worrisome if theres supposedly independent bodies are so easily influenced. And one of the worlds biggest Credit Rating agencies downgraded the hong kong Sovereign Rating on friday as protests and riots continue inflicting long lasting damage to International Perceptions of the quality and such from this of of hong kongs rule of law and its Business Environment which unexpectedly dropped the bombshell grading the citys rating one notch from a double a plus to double a the citys outlook from stable to negative this could have serious. Simple occasions for the borrowing cost of companies and the government this is hong kongs 1st downgrade by fitch since 1995 but leader kerry lamb hit back to
Neil, i am the executive director. Thank you. The executive director here at the New Hampshire institute of politics this is a very special series we have and we are continuing on today, just a quick note, we have a new president of our college and we are proud of him he just arrived here about a month ago, this is his first politics and eggs and so, this is a wonderful as an occasion. And of course we will probably have a little more activity between now and february but i would like to just, everyone can recognize him. And of course our sponsors here, are the people that allow us to have these breakfasts, we have some wonderful new sponsors particularly fed cap is our newest sponsor and we have the president Christine Mcmahon is here today. We also have the board chair and his wife, bored chair Mark Odonoghue and Carol Kellerman are here, today. Just a side note that carol worked for senator kennedy in the 1980 campaign she was telling me stories about that last night it was great so