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June 28, 2024
System. Fannie mae and freddie mac have been in conservatorship for close to nine years. In september 2008, then treasury secretary hank paulson famously described the conservatorships as a timeout. Today, fannie and freddie along with fha continue to dominate the Mortgage Market. Approximately 70 of the mortgages are backed by the federal government. While fannie and freddie are currently earning profits, if the Housing Market experiences a downturn, taxpayers could again be on the hook for bil...
June 28, 2024
Investigation. Those teams have been work and theyll continue to work and they have not been altered in any way. But there were a number of very strange comments that mr. Comey testified last week that you could have, i believe, shed some light on. But well continue. Thank you, sir. General sessions thank you again for your willingness to be here. Not sure that you sue 23450u it but your replacement sat through most of this, had strains hes played us regret that we dont have intermural basketbal...
June 28, 2024
Your agency, the department of treasury, as responsibility for fostering our nations Economic Growth and ensuring fiscal stability across our financial system. Our countrys growing debt and underperforming economy should be front and center in these conversations. America is faced with a mammoth nation debt that is over a patrol dollars and an economy thats holding back growth. We had a modest 2 rait over the next 30 years pro protections doubled from 77 in 2017 to 150 in 2047. In order for cong...
June 28, 2024
I think we will go ahead and start. My Ranking Member senator coons will be here shortly. I will go ahead and make my Opening Statement and maybe we can begin the testimony. Thank you all for being here this afternoon. I appreciate it. Mr. Pai, just personal like to thank you for your comments last week about the tone of civility we need to strike. I think you will find that in this subcommittee so thank you for that. Today marks the first hearing of the Financial Service and general Government ...
June 28, 2024
I think we will go ahead and start. My Ranking Member senator coons will be here shortly. I will go ahead and make my Opening Statement and maybe we can begin the testimony. Thank you all for being here this afternoon. I appreciate it. Mr. Pai, just personal like to thank you for your comments last week about the tone of civility we need to strike. I think you will find that in this subcommittee so thank you for that. Today marks the first hearing of the Financial Service and general Government ...
June 28, 2024
Missing about the mood in crude oil and it could have huge implications for your portfolio. Hell be here to break it down first, one huge move in the markets today, thats in Health Care Stocks. The sector hitting another alltime high for a second consecutive day after the gop unveiled its new Health Care Bill in the senate Cnbcs Kayla Tausche is in d. C. With the details kayla . Reporter it was unveiled a few hours ago, but Senate Leadership is already in sell mode democrats predictably opposed ...
June 28, 2024
If you check out crude oil, which is probably the biggest market story weve been watching for a week or so crude Oil Yesterday was up slightly to 42. 74. This morning up to 42. 84 youre still talking about wti below 43 a barrel. Americas 34 largest banks did well in the stress test. The results show even during a large recession large banks would be well capitalized and could support homes and businesses when times are tough. The second part of the stress test will be released next wednesday. Th...
June 28, 2024
Public service by americas Cable Television companies. And is brought to you today by your cable or satellite provider. At this hearing on the fcc budget, topics include Net Neutrality and expanding Broadband Internet access. Mr. Pai and commissioners testify. Minutes. Hour and 25 sen. Capito i think well go ahead and start. My Ranking Member, senator coons will be here shortly. I will go ahead and make my statement and then we can begin testimony. Thank you all for being here this afternoon. I ...
June 28, 2024
Ahead of fridays g20 summit. At 10 00 we get factory and goods orders for the of may. This afternoon the fed will reap the fomc minutes of last weeks meeting. President trump will be heading to europe for the g20 summit. The question is of may. This afternoon the fed will reap the fomc whether they are going to spend the time talking about geopolitics or trade. Heres kevin cirilli. We thought it was going to be all about trade. It doesnt look so much right now. It looks like its going to be all ...
June 28, 2024
Older competition that used to be held for Young Athletes between ages 6 for 15 to show their skills in nfl. It was called the punt, pass and kick competition. It appears that thats actually being discontinued. The announcement came in may after more than 55, 56 years of it. But it looks like the senate is up to the task in terms of punting, passing, and the more throw to the side sense or kicking approach. Well see how much more of that competition renews when the senate is back next week and p...