Next, a Senate Committee ooking at Affordable Housing and safety concerns. One of the issues deals with onsider car upon monoxide ctors in all in alln monoxide readers Affordable Housings. To his hearing will come order. Today the committee will receive testimony from leaders in the community on bipartisan opportunities, to expand access to fter for theable housing improve the safety conditions within current federally assisted housing, and to we might better target some of our existing Housing Resources to meet unaddressed needs. Welcome to our witnesses, and thank you for being here and be with us on discussion. Nt join us today are ivory mathews, director of tive the Housing Authority of columbia, South Carolina, mark yost, president and chief executive officer of the skyline champion corporation, and peggy bailey, Vice President for policy at the budget. Hearing ses of todays were focused on examining three bipartisan pieces of in particular that have been introduced in the congres
This hearing will come to order. Today we are joined by the leading voices within the administration on reforming and strengthening our Housing Finance system. The secretary of the treasury and secretary of housing and urban development, both of whom have submitted reform proposals to the president , as well as the director of the federal Housing Finance agency who serves as the regulator conservator of freddie mae and fanny fannie mae and freddie mac. It marks 11 years since the government bailed out and put those where they remain today. Prior to 2008 the Government Sponsored Enterprises held . 45 in capital for every 100 in capital for every 100 in mortgages guaranteed. Now they hold just . 19 after a 200 bailout from taxpayers. 11 years later these systemically Important Companies continue to be too big to fail and are more leverage than they were before the financial crisis. Taxpayers inevitably remain on the hook for the next market downturn. In march pres. Trump signed a memoran
This hearing will come to order. Today we are joined by the leading voices within the administration on reforming and strengthening our Housing Finance system. The secretary of the treasury and the secretary of housing and urban development, both of whom have just proposed proposals to the president , as well as the director of the federal Housing Finance industry who serves as the regulator and conservator of fanny mae and freddie mac. Last friday marked 11 years since the government bailed out and put fanny mae and freddie mac into conservatorship where they remain today. Prior to 2008, they held just 0. 45 in capital for every 100 in mortgages they guaranteed. Now they hold just 0. 19. After a historic 200 billion bailout from the taxpayers. 11 years later, these Important Companies continue to be too big to fail, and are even more leveraged than they were before the financial crisis. And taxpayers remain on the hook in the event of the next market downturn. In march, President Trum
Thank you. Good morning, everybody. Thank you for coming out. I know it has been a busy weekend for you all. This is the kind of thing that we want to be involved in. This is the kind of thing we want to be able to interact with members of congress and see what their positions are. Like a lot of journalists, i am a fan of the wire, the series. There is a great line, one of my favorite characters on the show, Lester Freeman had early on which was all of the pieces matter. That is the case here. All of these forums matter. All of these candidates matter. All of their policy decisions matter. All of their voters matter. The way they interact with people, the way they talk to voters and the way they talk to unions and their way to talk to the press, it all matters. We want to be a part of that. That is why we are so happy to be here and so happy to be a part of this form. I would like to introduce our moderator, Lisa Matthews to the forum. Lisa is a 20 plus Associated Press veteran. She is
Democratic candidates in the senate race, representatives running to succeed the late senator dianne feinstein. They talk about the cost of living and support for union workers. The forum was hosted by ro called the National Union of healthcare workers and the Progressive Group courage california. Thank you. Good morning, everybody. Thank you for coming out. I know it has been a busy weekend for you all. This is the kind of thing that we want to be involved in. This is the kind of thing we want to be able to interact with members of congress and see what their positions are. Like a lot of journalists, i am a fan of the wire, the series. There is a great line, one of my favorite characters on the show, all the candidates matter, all of the voters matter, all of the things and the way they interact with people and the way they talk to the press, it all matters. Thank you so much, jason. Welcome, everyone. To the 2023 and u h w candidate forum. This is brought to my roll call, g alongside