Next the director of the federal Housing Finance agency testifying on housing and mortgages during the coronavirus pandemic. House Financial Services Committee Members asked him how his agency is handling the rice in foreclosures and forbearances as well as the operations of fannie mae and freddie mac. The hearing runs over three hours. The committee will come to order. Before we begin, i want to remind members of a few matters including some required by the regulations accompanying House Resolution 965, which established a framework for Remote Committee proceedings. First, i would ask all members to keep themselves muted when theyre not being recognized. It will minimize disturbances while members are asking questions of our witnesses. Members are responsible for muting and unmuting themselves. The staff have been instructed not to mute members except when theyre not being recognized and theres background noise. Members are reminded that they may only attend one remote hearing at a ti
General james holmes, commander of air combat command, discussed the future of the u. S. Air force during a virtual conversation with the Mitchell Institute for Aerospace Studies. This is an hour. Good afternoon, everyone. Warm welcome to all of you. Im dave deptula, dean of the institute for Aerospace Studies and would like that thank air combat command general commander james holmes for joining us today. After so many years of service and in key positions throughout our air force, needs little introduction. Simply summarize by saying hes excelled in operational, staff and academic purchase suits at every level, and as a result, hes brought an unsurpassed degree of competence to his current job. As commander of air combat command hes responsible for organizing, training and equipping air force aerospace cyber and Intelligence Forces for Rapid Deployment and employment. With that mobile, id like to turn it observer ver to you to what are at the top of your priority lists these days esp
Without objection, members of the full committee can participate in todays hearing. Members are reminded to keep their video function on mute even when they are not recognized by the chair. Members are reminded they are responsible for muting and on muting themselves and to mute themselves after they have finished speaking. Consistent with the regulations accompanying staff will fully give members and witnesses as without any inadvertent background noise, like i am hearing now. All formse reminded relating to order and a quorum prior to this remote hearing. It is entitled the rent is still due. Andicas renters, covid19 the eviction crisis. Myself to give an opening statement. You for ourll of. Irst virtual hearing during this challenging and difficult time for homeowners, and for the Housing Market as a whole. At todays hearing, we will focus on how the covid19 pandemic is impacting our rental market. Thisarmful effects of pandemic are physical and mental. Financial stability and our w
The subcommittee at any time. Without objection, members of the full committee can participate in todays hearing. Members are reminded to keep their video function on mute even when they are not recognized by the chair. Members are reminded they are responsible for muting and on muting themselves and to mute themselves after they have finished speaking. Consistent with the regulations accompanying staff will fully give members and witnesses as without any inadvertent background noise, like i am hearing now. All formse reminded relating to order and a quorum prior to this remote hearing. It is entitled the rent is still due. Andicas renters, covid19 the eviction crisis. Myself to give an opening statement. You for ourll of. Irst virtual hearing during this challenging and difficult time for homeowners, and for the Housing Market as a whole. At todays hearing, we will focus on how the covid19 pandemic is impacting our rental market. Thisarmful effects of pandemic are physical and mental.
Let me first say want to thank the chairwoman and ranked member mchenry and my colleagues and Ranking Members of the subcommittee and all my other colleagues for their participation in todays discussion on the update for prudential regulators that this is a timely amid the health care and economic devastation of the covid19 pandemic. In queens and other parts of new york city theyve been very hard hit. Plaintiffs suffered more cases more death than most states in the country. When amid the health care crises millions have lost their jobs and lost income compound in the Economic Impact but thanks to the doddfrank wall street reform and their implementation in the decades that followed the financial crisis the Banking Sector has emerged in a bright spot to buffer the initial impact of the crises and restructured mortgages and loans. I have had serious concerns about the implementation of the program in the road some of the banks in privatizing small distances and minority come into that