We had a huge, huge temperature difference between this morning and today and the last couple of days. You have to go back 17 days, before christmas to find a day warmer than today. Just a few clouds passing by so your evening forecast looking very nice. Temperatures in the midtothe upper 40s in the next few hours. No weather related problems for you. In fact, i encourage you to get out. For the first time in several days its not bad to get out and go for a walk. Warmer temperatures bringing people out. Amy aubert in georgetown, are you finding a bigger crowd out there today . Amy amy absolutely. This feels like springtime out here. Look at the crowds. There is a ton of people out here just out and about enjoying the weather. Really taking it all in. Earlier today we caught up with people happy to take advantage of a lunch break outside. The workers tell me the freezing temperatures last week forced them to sh doors. They are hoping the increase in temperatures brings back business. To
Treasury secretary Steven Mnuchin delivered the annual stability Oversight Councils report at a hearing at the Senate Banking committee on tuesday. Topics also included russian sanctions, tax reform, the debt ceiling and cryptocurrency. This is two hours and 20 minutes. This hearing will come to order. Today, treasury secretary Steven Mnuchin will testify on Financial Stability Oversight Councils 2017 annual report and the operations and actions of this congress. In december of last year, issued the 2017 annual report in which it provided numerous recommendations, insights into the councils key activities and identified potentially merging threats to Financial Stability. One of the rejss urged congress to reform the Housing Finance system and boost the role of private capital in morning finance. Ive repeatedly stated that the status quo is not a viable option and reforming the Housing Finance system is one of my key priorities. Testifying before the Banking Committee last year, secreta
Year to raise the debt ceiling. We go to the Chairman Committee s senator mike crapo. The chair brings the meeting to order. Today, the secretary of pressure ri Steven Mnuchin is going to testify over the 2017 report. In december of last year, fsoc issued the and report in which it gave numerous re recommendations, and identified potential emerging threats to Financial Stability. One of the recommendations urged congress to reform the Housing Finance system and boost the role of private capital in mortgage finance. I have repeatedly stated that the status quo is not a viable option and reforming the Housing Finance system is one of my key priorities. Testifying before the Banking Committee secretary mnuchin reaffirmed the commitment to work with to us find a solution and stressed the importance of finding a balance of ensuring strong Taxpayer Protection and ample access to credit. Four years ago, a Bipartisan Group of senators passed a Housing Finance reform bill in this committee. We
It provided numerous recommendations, insights into the councils key activities and identified potentially merging threats to Financial Stability. One of the rejss urged congress to reform the Housing Finance system and boost the role of private capital in morning finance. Ive repeatedly stated that the status quo is not a viable option and reforming the Housing Finance system is one of my key priorities. Testifying before the Banking Committee last year, secretary mnuchin reaffirmed his commitment to work with us to find a solution and stressed the importance of finding a balance between ensuring strong Taxpayer Protection and ample access to credit. Four years ago, a Bipartisan Group of senators passed a Housing Finance reform bill in this committee. We have an opportunity now to build on that effort and create a broader coalition of republicans and democrats to pass a bill into law. This remains one of my Top Priorities and i look forward to continuing to work with the other members
Order. Today treasury secretary Steven Mnuchin will testify on 2017 annual report and the operations and actions. Identified potentially threats. One of the recommendations urged congress to reform Housing Finance system and boost role of private capital. I have repeatedly stated that the status quo is not a viable option and reforming is one of my key priorities. Four years ago a Bipartisan Group of senators passed Housing Finance reform bill in this committee. We have an opportunity now to build on that effort and create a broader coalition of republicans and democrats to pass a bill into law i look forward to continuing to work with the other members of this committee with secretary mnuchin and other stake holders throughout this process. Another focus was Cyber Security. The list of significant tieber attacks in the public and private sector keeps growing at an alarming rate and seems to have impacted the majority of all americans. Its critical that personal data is protected and w