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June 29, 2024
My last question i want to ask you guys and youre going up to the hill later this afternoon to testify on a different topic, how do you see the lack of action in terms of congress on authorization of the use of force . Just the stasis and stalemate, whats your evaluation all of you, what does that mean in where the u. S. In these campaigns and campaigns coming up on the 15th your anniversary of the 9 11 next year. How do you sort of see the politics here at home. This may be over cynical but i t...
June 29, 2024
Question, is it a problem . Is it not really a problem . What we do see is that every month of last year, from the Census Bureau ser survey data, manufactured housing lending was up from the month before. And the leading manufactured housing manufacturers are quite profitable. So i dont know what to make of some of the concerns people are raising to me. But i will say that this issue of costs on a smaller loan, i think, is a universal issue and problem and one that maybe we should be thinking ab...
June 29, 2024
Otherwise would be required to pay and might be subject to further costs and Court Proceedings that is forgiven and wiped from the books. But yes, its meaningful relief for american consumers. And the other point that senator warren has made to me thats wrort making is every time we then correct practices, the same things dont happen going forward, and you can expect the same money being saved each year in the future but its hard to quantify that. It is hard to quantify, but every time a consume...
June 29, 2024
Cyber espionage. The hack of opm is the latest example. Do the chinese steal our Naval Technology and apply it to their navy, and as a corollary to that, are you aware of any evidence concerning china stealing u. S. Civil Nuclear Technology and diverting it to its nuclear navy . Sir, im not personally aware of any instances of another nation stealing our Nuclear Technology and applying to their navy, including china. That may be happening, im not briefed on any intelligence that would implicate ...
June 29, 2024
Afternoon on the pluto flyby this week. Officials were released more pictures and discuss the new horizons space craft. That reading is at 1 00 eastern. This weekend, politics books, and American History. Wrote to the white house coverage features nearly all the president ial candidates and begins tonight in iowa. At 8 00 eastern, were live from cedar rapids iowa for the Democratic Party hall of fame dinner. All day saturday starting at 11 00 eastern, were live in ames iowa for the family leader...
June 29, 2024
To put an exact dollar figure to that. I mention the damage caused by Tropical Storm isabel. That was well over 100 million that was more than just repairing the cost. It gave us more protections. We used that money to build berms, build some of these flood doors and internal pumps. We were able to get that money to make the Naval Academy better and safer. As you see here on the academy grounds, the majority of the structures here are over 100 years of old. From the chapel to where the midshipme...
June 29, 2024
Its going to predict how it would react under a stress event. And so was the key one of the key issues is what how are investors anticipating this . Is this part of their Investment Strategy . And do prices reflect it, and do practice Risk Management practices reflect that . I think that there are two issues we have to separate as we address the questions you offered. Is there a liquidity crisis . The first is are we in the midst of a transition from one type of market to over. If over night, we...
June 29, 2024
And less cash in home buying and lender underwriting. Weve talked a lot about some loosening in the market. More adjustable rate loans and even interestonly loans coming back. Freddie mac made some changes when it comes to student low debt as well. That should give branks and nonbank lenders a boost in earnings for the year. We actually have more housing data out today. Mortgage makeses edging up ever so slightly 0. 1 last week but existing home sales, thats where i really want to focus in on be...
June 29, 2024
We have no chance. What do we do, ignore the problem . There are things we can do. Thethe goal should be to channel the trade every substance as well as other current illicit drugs and illegal channels come into the hands of reputable businesses which means requiring standards for labeling and dosage so that customers no what there getting. And then as citizens of a free society they get to make there own decisions. People see a percentage of the population has a great desire to get high one way...
June 29, 2024
Wouldnt a level Playing Field as you said from your testimony, we have concerns about things like there is a some Data Retention obligations and we think you could do it differently. There is a best interest contract framework and weve heard feedback from folks saying it is clunky and there is a more streamlined way to do it. We have a point of sale disclosure requirement and people have said that that is not necessary. And so what weve done in every circumstance when someone said that the best ...