Today, it is mr. Birthday. [applause] rep. Waters if anyone wishes to sing happy birthday, please save it for later. [laughter] we thank you for that, madam chair. Rep. Waters i recognize myself for four minutes to give an opening statement. Good morning. Discuss theto impact of the trump and ministrations housing reform plan. We are joined by stephen mnuchin, hud director, ben carson, and mark calabro. Welcome. Administrations housing reform plan would be disastrous for our housing system. The Trump Administration is threatening to end the conservatorship of the government sponsored enterprise. Without congressional action to provide explicit government guarantee, it is implemented in this way, it is likely it would create turmoil in the Housing Market, prevent Many Americans from obtaining 30 year fixed Rate Mortgages unblock families across the country from attaining the American Dream of homeownership. For this reckless plan administrative action on the table, the Trump Administrat
Into structured security. Later president ial envoy talks about President Trumps decision to withdraw u. S. Troops from syria and how it might impact u. S. National security. Treasury secretary steven minh mnuchin and housing sec. Ben carson on capitol hill to testify about access to a portal housing and finance reform option. Lawmakers heard testimony from the head of the federal Housing Finance agency and this hearing is under three hours. We will come to order. Without objection the chair is authorized to declare a recess for the committee at any time. This hearing is entitled the end of Affordable Housing, a review of the Trump Administrations plan to change Housing Finance in america. Before i recognize myself members, today is [inaudible]s birthday come back if anyone wishes to sing happy birthday please save it until later. [laughter] we all thank you for that. Happy birthday. We now recognize myself performing its given soft Opening Statement. Good morning. Today we are here to
Well come to order. Without objection, the chair is authorized to declare a recess of the committee at any time. This hearing is entitled the end of Affordable Housing, question mark. A review of the Trump Administrations plans to change Housing Finance in america. Before i recognize myself, members today its mr. Mchenrys birthday. If anyone wishes to sing happy birthday, please save it until later. Thank you. We all thank you for that, madam chair. Happy birthday. And i now recognize myself for four minutes to give an Opening Statement. Good morning. Today were here to discuss the impact of the Trump Administrations Housing Finance reform plans. We are joined by treasury secretary Steve Mnuchin, h. U. D. Secretary ben carson, and federal Housing Finance agency director. Welcome. Let me say up front that the Trump Administrations Housing Finance reform plan would be a disaster for our housing systems. The Trump Administration is threatening to end the conservatorship of the enterprise
Challenging time, fulfilling your purposes through them. Be exalted, o god, above the highest heaven, as you demonstrate your power to make the crooked places straight. Have mercy upon us and protect us for your unfailing love and faithfulness sustain us. Shine your glory over all the earth as we learn to trust you at all times. And, lord, we thank you that senator grassley has had another wonderful birthday. We pray in your strong name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to our flag. I pledge allegiance to the flag of the United States of america, and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Grassley madam president. The presiding officer the senator from iowa. Mr. Grassley may i speak for one minute in morning business . The presiding officer without objection. Mr. Grassley since the day i was born, ive celebrated constitution day. Thats because the 39 delegates signe
With vote vote the presiding officer are there any senators in the chamber wishing to vote or change their vote . If not, the yeas are 85, the nays are 1. The nomination is confirmed. Under the previous order, the motion to reconsider is considered made and laid upon the table and the president will be immediately notified of the senates action. Mr. Kennedy mr. President . The presiding officer the senator for louisiana. Mr. Kennedy mr. President , i have three requests for committees to meet during todays session of the senate. They have thate approval of the majority and of the they have the approval of the majority and minority leader leaders. The presiding officer without objection. Mr. Kennedy thank you, mr. President. Mr. President , i ask unanimous consent that the senate proceed to legislative session and be in a period of morning business with senators permitted to speak therein for up to ten minutes each. The presiding officer without objection. Mr. Kennedy thank you, mr. Pre