[inaudible conversations] [inaudible conversations] [inaudible conversations] this hearing will come to order. Today we are joined by the leading voices within the administration on reforming and strengthening the housing and finance some. The secretary of the treasury and the secretary of housing and urban development, both of whom have justice at Housing Finance reform proposals to the president as well as the director of the federal Housing Finance agency who serves as the regulator and conservatory of fannie mae and freddie mac. I want to thank each of you for coming to the committee this morning. Last friday marked 11 years since the government bailed out and put fannie mae and freddie mac in the conservatorship, where they remain today. Prior to 2008, the two governmentsponsored enterprises helped 45 cents in capital for every 100 in mortgages they guaranteed. Now, they hold just 19 cents. After a historic 200 billiondollar bailout from the taxpayers. 11 years later, the systemic
[inaudible conversations] [inaudible conversations] [inaudible conversations] this hearing will come to order. Today we are joined by the leading voices within the administration on reforming and strengthening the housing and finance some. The secretary of the treasury and the secretary of housing and urban development, both of whom have justice at Housing Finance reform proposals to the president as well as the director of the federal Housing Finance agency who serves as the regulator and conservatory of fannie mae and freddie mac. I want to thank each of you for coming to the committee this morning. Last friday marked 11 years since the government bailed out and put fannie mae and freddie mac in the conservatorship, where they remain today. Prior to 2008, the two governmentsponsored enterprises helped 45 cents in capital for every 100 in mortgages they guaranteed. Now, they hold just 19 cents. After a historic 200 billiondollar bailout from the taxpayers. 11 years later, the systemic
[inaudible conversations] [inaudible conversations] this hearing will come to order. Today we are joined by the leading voices within the administration on reforming and strengthening the housing and finance some. The secretary of the treasury and the secretary of housing and urban development, both of whom have justice at Housing Finance reform proposals to the president as well as the director of the federal Housing Finance agency who serves as the regulator and conservatory of fannie mae and freddie mac. I want to thank each of you for coming to the committee this morning. Last friday marked 11 years since the government bailed out and put fannie mae and freddie mac in the conservatorship, where they remain today. Prior to 2008, the two governmentsponsored enterprises helped 45 cents in capital for every 100 in mortgages they guaranteed. Now, they hold just 19 cents. After a historic 200 billiondollar bailout from the taxpayers. 11 years later, the systemically Important Companies c
The two year yield now down to 4. 93 on the day. A lot of volatility in that bond market. About a 4. 9 nine handle earlier on the day. The 10 year now at 4. 63. We got as high as 4. 6 six. Really testing the high of the year. Again, that really interesting selloff in the bond market data today. May 8 movers on the equity side. Talking about apple shipping 50. 1 million phones in the first three months of the year. That is according to idc. Falling short of estimates and reflecting flagging sales in china, despite a broader smartphone industry rebound. Tesla slashing headcount by more than 10 as the carmaker struggles with slowing demand. On top of that, two Senior Vice President s have left the company. We will discuss this with Bloomberg Technology ed ludlow. What does this mean . Ed i am hearing there is a focus on cost reduction. It was the same analysis in 2022. The difference is teslas scale is greater, so 10 of workforce is around 14,000 people, based on their headcount, they fin
Different levels of information theres an increase from the board that information gets into all the board i ask ms. Vac vascular is it is shared with all the commissioners i share the concern of some of the commissioners on covering the classrooms on the Teacher Shortage inch not seen an overall strategy this board has been asked for a walk through ive supported t f a in the past i need to know how their strategy fits in longterm and short term how does it fit in with the teacher residency model i feel like vote on one poise im not prepared to do that i need to see the overhead overall plan i want to make sure my recommendation we refer it to personnel Labor Committee and each of us one of my questions to what extent does t f a contribute to the bayview schools dollar a lot of questions about the nature id like to have a thoughtful discussion out of personnel and Labor Committee i suggest we people this until after the committee has an opportunity to present an overall recruitment str