The economy. The other thing is, if you act too soon and you decide, oops, we acted too soon, you get you put yourself in a position where you have a zigzag policy and you will face criticism from that by people i know. Second, if you then want to go in the other direction, you only have a quarter point to play with. If you hit the brakes too soon, you dont have gas. With that in mind, im concerned about the effect raising Interest Rates now would have on the real estate recovery and i would ask you what you would think the impact would be of raise zing Interest Rates on the housing recovery and would we squeeze credit worthy borrowers out of the Housing Market and create a negative feedback loop with prices going down . So, you have made very large number of very good points and indicated many relevant considerations that the committee is trying to weigh and balance and has been taking into account. With respect to the Housing Market, of course the level of Mortgage Rates is relevant
If its my friends at the fcc, first of all, i wouldnt be shocked. And second of all, maybe thats a pretty fair thing. Have you done what you need to do to get this regulation, required by law, simply to allow us to know the incentive that is are involved and to prohibit inappropriate incentives that did help lead to the 2008 debacle. Have you done your job . We have tried to work constructively with the other agencies. I love when chairs never give answers. We have done i think the fed has done a pretty good job. Im not complain 00 the fed. But this is long overdue. Each regulator that comes before me, im going to ask. I dont say do a specific item, i dont care how much they make. Do it so the american person doesnt get on the hook again. On an item that we have already identified as a problem that everybody agrees was a problem and that should be relatively easy to fix. I agree with your assessment, that it was an important problem, that it is essential to address it. And as i said, i
Not credible, thats a problem. I know youre in the process now. Do you have any idea what the time frame might be when youre nto the Second Chance . So last year working jointly sent very detailed evaluations the living wills to the firms. And directed the firms to take action to improve their resoveability that were quite specific. And quite detailed. Weve received those plans. Were evaluating them jointly with the fdic. And we will be making decisions in the coming months. The time of the gentleman has expired. The chair now recognizes the gentleman from michigan,. Thank you, mr. Chairman. I am happy to rescue you from the hostile questioning my democrat friend over there. Dont take it personally. He is that way with everybody. But i do actually want to kind of follow on on something that he had point of interest and frustration for a number of us speed g to do with the or lack thereof where there has been some very specific things that were laid out for the fed to do and specificall
Live in west bridgewater, karen anderson. This worcester man is charged with exposing himself across from an elementary school. Witnesses say michael stood in the window of his woodland street apartment this morning and kids at the Woodland Academy across the street saw him committing the lewd act. Officers saw several people yelling at the man to stop when they arrived. While i will not be a candidate, i will not be silent. Commitment 2016 tonight and its official. Joe biden will not seek higher office. The Vice President surprising some today saying the time for him to enter the race for president has passed. The impact that its already having on the race. Joe bidens decision not to run is good news for Hillary Clinton and a new poll shows just how much so. Unfortunately, i believe were out of time. Reporter with the wife and the president by his side, he said the time for him to jump into the race had passed. They needed time to grieve the loss of their son bo and the grieving proce
Today the restaurant is back to business as usual. It was on facebook and it has now gone viral. People break down the door. Imola for commence not thereafter cash. What do customers think . The clever ideas to get the photos of the public and hope that someone recognizes them. Plaintiff upon at these prisoners and at the same time the burglars. This is the official rock. Behold the date and time of this weekend. Great way to handle the situation. The approach they taken is actually done well for them. Very clever. Im their couple of days a week. This tacos are that good. Not to make up for the money they lost in this. Metro police are investigating a we dont know a lot of details other than it involves a motorcycle and another vehicle and the driver of the motorcycle was pronounced dead at the scene. Metro police have a look at the suspect area surveillance images just released by police. There is some sort of verbal confrontation and later he was confronted by man. They believe he le