This hearing will come to order. Thank you, mr. Secretary, for attending today. This is secretary mnuchins first hearing since being sworn in in february and we look forward to our discussion. Many of this committees priorities fall within the jurisdiction of the Treasury Department, including housing financial reform and development of policies to encourage a healthier economy. We look forward to working with you and your staff on these priorities and improving the lives of americans. Housing finance reform remains the most significant piece of Unfinished Business following the crisis and it is important to build bipartisan support far ath forward. Last week, we received testimony from director nell watt. The hearing reinforced why conservatorship is unsustainable, namely g. S. E. s having zero capital, tax pay ornse the hook for losses an the government taking all risks. A number of groups released proposal in recent months, including the milkin institute, several writing jointly for
Committee. Foreign Relations Committee will come to order. Mr. Tillerson, mr. Secretary, we appreciate you being here. Were having a little bit of a discussion about the timing issue. We do have a lot of other things happening today, and i would really like to finish this in one round. So what i think im going to do without i think what well do, senator cardin, if it is okay with you, lets put six minutes on the clock. If we need to have a second round for some reason we will. Im open to discussion about that right now if you wish. I think six minutes sounds fair on the first round. I dont want to preclude a member on either side that believes they need additional time for a second round from having that second round, but i would encourage our members to try to be efficient on the use of their time. So i want to begin by saying that last night about 10 20 we finished negotiating a russia bill to be attached to the iran bill, and we were able to gavel in the senate and have Senate Mccon
Committee. Foreign Relations Committee will come to order. Mr. Tillerson, mr. Secretary, we appreciate you being here. Were having a little bit of a discussion about the timing issue. We do have a lot of other things happening today, and i would really like to finish this in one round. So what i think im going to do without i think what well do, senator cardin, if it is okay with you, lets put six minutes on the clock. If we need to have a second round for some reason we will. Im open to discussion about that right now if you wish. I think six minutes sounds fair on the first round. I dont want to preclude a member on either side that believes they need additional time for a second round from having that second round, but i would encourage our members to try to be efficient on the use of their time. So i want to begin by saying that last night about 10 20 we finished negotiating a russia bill to be attached to the iran bill, and we were able to gavel in the senate and have Senate Mccon
Destroyed. They rebuilt the country. This is just under 30 minutes. Announcer this is south korea today, the capital city seoul, in some ways as modern, as with it, as anything in the western world. Plays]usic even its nightclubs are just as swinging, crowded, carefree , and overpriced as their counterparts in new york, chicago or los angeles, a long way from the war. Well, 30 miles from the war, anyway. These are the men who make it safe to live and dance in seoul, new york, chicago, or los angeles. They are u. S. And korean patrol alongting a the dmz, 30 miles north of seoul. Almost every week some of them are killed by north korean ambushes, border raids, hidden landmines, by any of 100 ways the communists test the line and violate the 1953 armistice. In spite of everything, the republic of korea struggles to come of age. This is the story of what has happened to her since the armistice. Koreas ancient name means land of morning calm. June 25, 1950, the morning clam is shattered. Th
Destroyed. They rebuilt the country. This is just under 30 minutes. Announcer this is south korea today, the capital city seoul, in some ways as modern, as with it, as anything in the western world. Plays]usic even its nightclubs are just as swinging, crowded, carefree , and overpriced as their counterparts in new york, chicago or los angeles, a long way from the war. Well, 30 miles from the war, anyway. These are the men who make it safe to live and dance in seoul, new york, chicago, or los angeles. They are u. S. And korean patrol alongting a the dmz, 30 miles north of seoul. Almost every week some of them are killed by north korean ambushes, border raids, hidden landmines, by any of 100 ways the communists test the line and violate the 1953 armistice. In spite of everything, the republic of korea struggles to come of age. This is the story of what has happened to her since the armistice. Koreas ancient name means land of morning calm. June 25, 1950, the morning clam is shattered. Th