Would dare enter their sanctuary state and take some considerable sum of money with him to boot. Traveling with the president Fox White House correspondent kevin cork. It was hardly the sort of welcome that one might expect in laidback california. But even a brawl in Beverly Hills between backers and opponents of President Trump couldnt dampen his effort to raise millions here in the golden state. Still amid the appeals to fund his 2020 reelection campaign, President Trump got down to brass tax once on the ground introducing his National Security advisor, taking aim at homelessness crisis and repealing a long held exemption that gave california the right to set its own emissions standards. The president announcing on twitter that his administration was revoking californias federal waiver on emissions in order to produce far less expensive cars for the consumer. While at the same time, making the cars substantially safer. California had previously been able to set its own stricter stand
[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 our housing and finance system. The secretary of the treasury, and the secretary of housing and urban development, both of whom have just submitted Housing Finance reform for fossils to the president , as was the director of the federal Housing Finance agency who serves as the regulator and conservator of fannie mae and freddie mac. I want to thank each of you for coming to the committee this morning. Last friday marked 11 since the government bailed out and put fannie mae and freddie mac into conservatorship, where they remain today. Prior to 2008, the governmentsponsored Enterprises Held a 45 cents in capital for every 100 in mortgages they guaranteed. Now just 19 cents after a historic 200 billiondollar bailout from taxpayers. 11 years later they continue to be too big to fail
Would dare enter their sanctuary state and take some considerable sum of money with him to boot. Traveling with the president Fox White House correspondent kevin cork. It was hardly the sort of welcome that one might expect in laidback california. But even a brawl in Beverly Hills between backers and opponents of President Trump couldnt dampen his effort to raise millions here in the golden state. Still amid the appeals to fund his 2020 reelection campaign, President Trump got down to brass tax once on the ground introducing his National Security advisor, taking aim at homelessness crisis and repealing a long held exemption that gave california the right to set its own emissions standards. The president announcing on twitter that his administration was revoking californias federal waiver on emissions in order to produce far less expensive cars for the consumer. While at the same time, making the cars substantially safer. California had previously been able to set its own stricter stand
[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 our housing and finance system. The secretary of the treasury, and the secretary of housing and urban development, both of whom have just submitted Housing Finance reform for fossils to the president , as was the director of the federal Housing Finance agency who serves as the regulator and conservator of fannie mae and freddie mac. I want to thank each of you for coming to the committee this morning. Last friday marked 11 since the government bailed out and put fannie mae and freddie mac into conservatorship, where they remain today. Prior to 2008, the governmentsponsored Enterprises Held a 45 cents in capital for every 100 in mortgages they guaranteed. Now just 19 cents after a historic 200 billiondollar bailout from taxpayers. 11 years later they continue to be too big to fail and are even more leverag
[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