Power that it already is. The the soft power, its position on north korea will be significant. I understand why china takes the position it takes now because it still serves a purpose in terms of a strategic a strategic buffer, but i think the longer china continues to be a patron of this road state that has been determined by the United Nations as a country that commits crimes against humanity, that turns a blind eye to the nonproliferation regime, it is going to be a huge burden on china increasingly. I believe in the mid to longterm perspective, the sooner china is able to shut this headache the sooner china will become a leader that we will are in its respect, and certainly from south korea. Professor moon. Yes, a pressing priority for all of us. Very shortterm thinking on my part, which is lunch. [laughter] thank you again. Lets give a big hand to our prestigious speakers. [applauding] [inaudible conversations] q a is ten years old, and to mark a decade of compelling conversations
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
But what could be more pressing than to make sure our veterans receive the care that they need and deserve . Thank you, mr. Chairman. Other members will be filtering back. But i would like to hear from the acting secretary now. And customarily, we give five minutes, but youll have more time. This is a serious discussion, and we want you to have the time you need to make your case, and we want the members here to have the time they need to ask you the questions. All right, senator burr suggested maybe we should wait a few minutes to make sure all the members come back. Lets take a very quick recess here. Okay. Lets reconvene, and senator, i think were up to you and your Opening Statement. Thank you, senator chairman sanders and Ranking Member burr for convening another very important hearing to address the issues at the v. A. Its critical that we continue to have these oversight hearings to do everything we can to hold v. A. s feet to the fire and make sure that accountability is there.
Like you were at some of these meetings where some of these things were discussed no, the nsa was there, i just got the tapes. Im sorry. So we dont have a public listing, per se, but in the first phase of power africa, we did very carefully, through a rigorous interagency process, discuss which would be the six focus countries. And the factors that you describe are, indeed, many of the things that we looked at, to try to assess who would be the good partners. And we will go through a similar process as we think about the expansion. One of the ones that i theres plenty to say about all of them, but one of the ones that ill just spend a moment on is the host countrys commitment. Because as some of the other testimony alluded to, if youre trying to have viable electric utilities, if youre trying to solve some of the problems that are private sector, investors have encountered, in trying to do viable deals, youve got to have a commitment to do things differently. So that was a very one of
Evolved especially over the last decade or two. There are parts of this country where manufactured housing looms very large as a portion of housing stock. Particularly rural areas and some of the more difficult train of appalachian segments in Southeastern Ohio for example. But there are many of these around the country. And making sure that people are treated fairly in terms of being able to buy and finance manufactured housing is an important part of this spectrum. So it is something were going to continue to Pay Attention to. The white paper was represented as a pretty serious effort to lay some groundwork for people thinking about policy measures, whether its us or congress or others. And so it will continue to be a focus of intention for us because of the fact that it is such meaningful alternative for a number of folks. Especially on the lower to moderate income end of the housing spectrum okay. We have time for one more audience question. Thank you. My name is taylor with the ne