Vote vote the presiding officer are there any senators in the chambesh votor change their vote . On this vote, the yeas are 5,the nays are 38. The nomination is confirmed. The clwill rort the nomination. The Clerk Department of the treasury, Brian Callanan of new jersey to be general counsel. The presiding officer the question is on the nomination. Is there a sufficient second . There appears to be. The clerk will call the roll. Vote vote the presiding officer have all senators voted . Any senator wish to change their vote . The yeas are 55. The nays are 39. The nomination is confirmed. Under the previous order the motions to reconsider are considered made and laid upon the table and the president will be immediately notified of the senates action. A senator mr. President. The presiding officer the senator from texas. Mr. Cornyn mr. President , i ask unanimous consent that notwithstanding rule 22 the senate proceed to legislative session and resume consideration of the motion to procee
[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 our housing and finance system. The secretary of the treasury, and the secretary of housing and urban development, both of whom have just submitted Housing Finance reform for fossils to the president , as was the director of the federal Housing Finance agency who serves as the regulator and conservator of fannie mae and freddie mac. I want to thank each of you for coming to the committee this morning. Last friday marked 11 since the government bailed out and put fannie mae and freddie mac into conservatorship, where they remain today. Prior to 2008, the governmentsponsored Enterprises Held a 45 cents in capital for every 100 in mortgages they guaranteed. Now just 19 cents after a historic 200 billiondollar bailout from taxpayers. 11 years later they continue to be too big to fail
[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 our housing and finance system. The secretary of the treasury, and the secretary of housing and urban development, both of whom have just submitted Housing Finance reform for fossils to the president , as was the director of the federal Housing Finance agency who serves as the regulator and conservator of fannie mae and freddie mac. I want to thank each of you for coming to the committee this morning. Last friday marked 11 since the government bailed out and put fannie mae and freddie mac into conservatorship, where they remain today. Prior to 2008, the governmentsponsored Enterprises Held a 45 cents in capital for every 100 in mortgages they guaranteed. Now just 19 cents after a historic 200 billiondollar bailout from taxpayers. 11 years later they continue to be too big to fail and are even more leverag
The hearing will come to order. Director wray, appreciate you coming over. Try to get you out of here by 1 00. You have an agency to run. Well do seven minute rounds. If theres cleanup, well try to accommodate. Briefly, the oversight hearing comes at an important time. Even though theres no evidence the russians changed the tally of the 2016 election, i think they exceeded their wildest expectations in terms of interfering with the 2016 election. I think all of us are interested in what to do to make sure it doesnt happen in 2020. I am very interested in what china is doing, section 2015 authorities are about to expire. I want to hear from the director what that means to the country. We have a fisa warrant investigation coming soon, a problem with media leaks at the fbi. Having said all that, it has been a difficult time for the fbi. Lets not let a few bad actors taint a great organization. Before we start, we appreciate what you do. Without their service, this country would be a dange
The oversight committee. He address Election Security and fbis response to domestic terrorism and white supremacist violence and other topics are chinese espionage and threats from an official. This is just under three hours. [inaudible conversations] [inaudible conversations] come to order we appreciate you coming over director ray we will try to get out of here by 1 00 oclock you have an agency to run and if there is any cleanup we will try to accommodate. Very briefly the oversight hearing comes at an important time even though there is no evidence the russians change the tally of the 2016 election they exceeded their wildest expectations or interfere with the 2016 elections. All of us are very interested in what we can do to make sure this doesnt happen again in 2020 and after what china is doing section 2015 authorities are about to expire to hear from the director what that means to the country with a pfizer warrant investigation we that is coming also media leaks at the fbi. Hav