Our top story tonight. Goodbye to up fannie and freddie. President obama calling for the unwinding of the mortgage giant. Under the president s plan the government is not the evicted from the housing market, certainly now entirely. Here to weigh in, director of financial relations studies. The center for american progress. This to capitalize of the president is calling for, he wants to wind down fannie and freddie by 15 annually. Brevard investors will take initial losses. He once widespread access to the 30 mortgage. The republicans have been calling for a winding down of elimination for a long time. Why the president is finally getting on board. We are just glad the president is getting on board because we agree that it is time to reform the Housing Financeem. Fannie mae and freddie mac have been in limbo for almost five years now. And it is very important to go ahead and move on to whatever the system is going to be for the future so that we could see a Sustainable Housing recovery.
A long time. Why is the president finally getting on board . We are glad the president is getting on board because we agree it is time to of reform the Housing Finance system. They have been in limbo for almost five years now and it is very important to go ahead and move on to whenever the system is going to be for the future so that we can really begin to see a Sustainable Housing recovery. Gerri to you, you and i have been talking for some time about fannie and freddie and should they have in the wherewithal and the housing market. What did you make of what the president said today about the steps to take now . I certainly think it is positive that the president said when need to get rid of fannie and freddie. Thats a good step in the debate he took a while this a step because congress is starting to get ahead of them. Back into the conversation before the white house loses control. Particularly true in the Mortgage Market. We did not get was a lot of details. The president is still
He chose to talk about that even though the house passed kates law and the oval office announced several Energy Policy initiatives. Ryan nobles is at the white house right now. Ryan, the president really steering the National Conversation the past few days with these name calling tweets. How is the administration explaining that . Reporter his aids often accused us of focussing too much on the president s tweets and they dont offer too much context of what the president has to say other than the tweets spect for themselves. But there is no question this is making his agenda for lift to push forward. All you have to do is spend more time on capitol hill this week as senators were trying to come to an agreement on this Health Care Bill. But were in a position where they had to respond to these very difficult and some would describe as mean tweets. When you have all these things on the agenda and this is what the president is focussing on and it is important to keep in mind we dont get th
Didnt bode well for them. Was the timing on purpose . The pardoning of Arizona Sheriff Joe Arpaio on charges of contempt. The reds nation of adviser Sebastian Gorka. And the signing of a transgender orlando of the military. The drum beats of some who wish to repeal and replay the president. Are they missing a Crucial Point . Americas problems run much deeper than any one person, or at least so ill argue. And roberts lee was removed this week not the generals statue, but an espn broadcaster slated for next weeks uva Football Game. Is this Political Correctness one amok . Ill talk to the sports radio host who first exposed the story. But first, on a hot august night with a major Storm Brewing it was big news from the white house. A hat trick of headlines. Sheriff joe arpaio who was convicted of contempt of court because he would not stop racially profiling hispanics was pardoned by the president post steve bannoned advocate Sebastian Gorka was fired from the white house. And an order sig