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CSPAN3 Key Capitol Hill Hearings June 22, 2024

Their own studies show the main drivers of default are loan devalue, borrower credit score. Everything else is literally a rounding error. And so of course, the final doddfrank rules essentially abandon the things that actually drive default. And endless servicing requirements, again making it near impossible to foreclose. My opinion is the rule increased foreclosures last time around rather than decrease them. And the harder it is and the mission has nothing to do with financial stability. The mission is to use the the regulatory system to force prudent borrows to subsidize imprudent. We all knew the crisis was quite costly. It also will provide a cover for massive expansion and government powers. One minute. Im not even go i think to need that. So i would say and would say avoid financial cryises. I think a repeal is not enough. The presystem was broken. It was flawed. And to me one of the real flaws of doddfrank is it extends the precrisis system. The theme of doddfrank is, lets exp ....

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CSPAN3 Key Capitol Hill Hearings June 22, 2024

Minerals for firms not only firms getting the actual hard commodities there, but also for firms well down the supply chain, who have no idea where the aluminum in the electronic parts came from. So i think its telling when a liberal law ultimately convinces the Washington Post Editorial Board that it was a bad idea, which they have come out against conflict minerals. Its time to revisit the motion all together of including immaterial disclosures in security laws. Both by legislative fiat and by the sccs own power. And republican and democratic chairmen have both been guilty of this. I think it should be a binding constraint on any rule making. And business round table stands for the proposition. How is a mandatory immaterial disclosure going to provide benefit to investors . None. By definition fails cost benefit analysis. We have ways to measure immateriality. Methodology ....

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CSPAN3 Politics And Public Policy Today June 22, 2024

Disease in virtually all of the countries around the world. I was just impressed as i walked through the poster sessions at aaic how many of the posters were researchers from korea, thailand, china, japan, et cetera, who were coming here to washington to share their knowledge and their perspective on the disease. Its a global disease, for sure. Its not affecting western countries. I want to throw one more question in here which is in terms of having a National Plan and harnessing all of the different groups working on this from the Research Community to big pharma to universities, government, et cetera. Three years ago, the Obama Administration released a National Plan to address alzheimers and the goal was struck me as exceedingly ambitious. By 2025, so in ....

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CSPAN3 Politics And Public Policy Today June 22, 2024

I think it seems to me we all have agreement that we need to fix it, even within the department. And professor light, you made a comment that i think is very important, something im concerned with. We could work real hard, have all of these intensive negotiations, Everything Else, but it doesnt seem like its that difficult to me. I think that the money were spending now we need to come up with a simple fix. Not a 100 dollar saddle on a 10 horse. For those involved in this, keep it simple and get it done quickly. We need to get the Inspector Generals back to the point where they can do their job, a very important job that theyve done very well for many years. Thank you, mr. Chair. Before i ask questions i know that senator leahy has questions in writing to both panels. Expect that, and maybe from the other members that arent here. Whats the normal time that we wait . Up to ....

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BLOOMBERG Bloomberg Pursuits November 5, 2017

Lenders will have to share their data with best in tech rivals. Welcome to Bloomberg Markets rules and returns. I am nejra cehic. Rules and returns is where we tune into the regulatory challenges and opportunities for the markets around the world. We will speak to the top newsmakers, regulators, and Market Participants shaping and reacting to a new generation of rules. First, to the top story, the sec says firms can accept payments from eu clients. They gained a 30month reprieve on the research rules coming to effect in january with mifid ii. Ben from our Financial Regulation came in washington d. C. Joins us now. Ben, you have been all over this story from the very beginning. Why did the sec decide to do this . Was it the result of lobbying from the industry . Ben thanks a lot. Yes, the industry here in wa ....

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