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Transcripts For CSPAN2 Key Capitol Hill Hearings 20131028

Rejected. So my colleagues and i have been working with a wide variety of stakeholders, including many of you, to simplify things moving forward. Case in point is the qualified Residential Mortgage rule. As all of you know in august, six federal agencies including hud proposed a revised version of qrm to make it equal, qm. This is a direct result of the feedback weve received since the first proposal in 2011. You told us it needed to be refinded, and we listened. Refined, and we listened. Now our rule now some of our critics have called this a dilution of our rule. But as you know, qm itself is a very strong measure, as im sure director cordray will confirm later in the conference. And were confident that this will find the right balance between responsibility and opportunity moving forward. Another example of proper coordination is huds qualified mortgage rule which builds off the qualified mortgage definition set forth in cfpbs final rule. It extends the cfpb patch defining loans tha

Transcripts For CSPAN2 Key Capitol Hill Hearings 20131029

Mr. Reid i ask consent the call of the quorum be terminated. The presiding officer without objection. Mr. Reid i ask unanimous consent the senate proceed to executive session to consider calendar nominations 272 and377. The presiding officer without objection. Mr. Reid i ask the nominations be confirmed en bloc, the motion to reconsider be considered made and laid on the table with no intervening action or debate and no further actions be in order to any nominations that any statements be printed in the record and president obama be immediately notified of the senates action and the senate then resume legislative session. The presiding officer without objection. Mr. Reid i now ask madam president , unanimous consent that the Judiciary Committee be discharged from further proceedings regarding s. Res. 254 and we now proceed to that matter. The presiding officer the clerk will report. The clerk s. Res. 254 designating november 2 2013, as National Bison day. The presiding officer without

Transcripts For CSPAN2 Key Capitol Hill Hearings 20140514

Whether he thought he was ready for the presidency he said i do. Analysts point out an obvious advantage. His potential as a son of cuban emigrants to appeal to hispanic voters who. He was involved in passing comprehensive immigration legislation in the senate. The immigration bill did not endear arubia to the tea party line of the republican party. He has been outspoken in issues that are important. For instance, arubia declared the war on poverty and failure. He would subsidize private businesses to pay higher wages and do away with the earned income tax credit. Internationally he supports an activist u. S. Role, stark contrast to the isolationist view point of another potential gop president ial contender, senator rand paul arubia said he should be more involved in china, north korea, venezuela, cuba, more involved in the obama administration. And he said the United States should punish russia for its actions in the ukraine. Today he will discuss Retirement Security, including his s

Transcripts For CSPAN2 Key Capitol Hill Hearings 20140514

Obamacare transporters will old last month and it raises the iconic question, are you better off than you were four years ago. The answer for the nation is an unequivocal no. Jobs have been lost on our seven cut, employers have been forced to drop coverage and premiums have skyrocketed. Millions have lost coverage they were happy with. Obamacare has hurt medicare by cutting 156 billion out of medicare damage. This cut was a grave miscalculation. Medicare advantage is a shining Success Story the millions of seniors like my mother relied upon. In short, its a program that allows you to receive your coverage from a private provider using funding from medicare. And this tax on all kinds of Value Added Services for seniors. One of the reasons my mother picked her current provider is because in addition to good doctors coming to pick her up in a drive her to her appointments. This sort of competition in the marketplace invariably leads to two very good things. A decrease in prices and an inc

Transcripts For CSPAN2 Key Capitol Hill Hearings 20140514

Treasury would feel the same way but i have not had any discussions about that. Me, ither thing intrigued will get the quote correct or close enough. You said that your goal is to reduce taxpayer risk through increasing the role of private capital. But after that you rejected the goal of contracting the Enterprises Market presence. To increase the role of capital. I am figuring out how you square those two. And then you said this is a decision to come so i know that youre are not going to announce it now. In my view you can look at an increase in the guarantees fees as either of those, contracting of the market presence or entering private capital. How does that fit in those criteria . We are balancing in a number of instances sometimes what appeared to be contradictory mandates. Think it is the role to contract the footprint of fannie and freddie. Maintain anto efficient credit market. As private capital demonstrates it will come into this market and it will be clear that fannie and f

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