Veterans Affairs Secretary Denis Mcdonough testified on this departments annual budget request focusing on Veterans Health care and the pact act. A 2022 law that expands benefits for veterans exposed to burn pits and other toxic substances. The subcommittee hearing is one hour and 25 minutes. Good morning. This hearing of the military Construction Veterans Affairs and related agencies subcommittee will please come to order. I would like to begin by welcoming Ranking Member bozeman and Denis Mcdonough. We appreciate the effort of the v. A. s dedicated staff to provide benefits and support to veterans and families and their communities every day. We are here to discuss the department of Veterans Affairs fiscal year 2025 budget and 2026 advanced appropriations request. This committee take seriously the obligation to make sure and provide for the men and women who have fought and sacrificed to keep our country safe and ensure they have the medical care and benefits have earned. Over 210 bi
Democracy. A look that what challenges the property Insurance Market. Witnesses discussed the impact of rising Interest Rates, oversight of state Insurance Marketplaces and insurance providers departing california, texas and other states his hearing is on the Senate Banking housing and urban affairs committee. [background noises] [background noises] [background noises] [laughter] [background noises] the command banking housing and affairs come to order. Welcome back witnesses who have been here before and welcome colleagues and staff. The first hearing post labor day. A few Financial Decisions are more important than buying a home. Homebuyers make an investment in themselves, their families, their communities. Homebuying is an act essentially active optimism. It is also stressful. Families buying a new hole have so much to think about making sure they cover their down payment, navigating the mortgage included thing a process. Ovmoving in, getting kids set ua new school theft shall divi
It compounds month after month. That is only to people who are getting unemployment or are unemployed. Many are the heads of household. The implication of this part of the crisis affected many tens of millions of americans well into the 50 and 60 million. 27 million americans directly affected, so the Ripple Effect into 50 or 60 million americans just from employment. Housing prices collapsed back into thousand one levels relatively quickly. Historic foreclosures were out of control, millions and millions of foreclosures. Small businesses were crushed. As Economic Activity plummeted one of the frontline organizations started going bankrupt at historic rates due to the complete lapse of Economic Activity. Underwater homes, the silent crisis, when over 30 . The mortgages were much higher than the value that the homes could be sold for in the markets as prices collapsed. Even through today, there are still waiting money way too many underwater homes. There are tens of millions of american
Displaying good faith, honoring commitments, and adopting the right approach, then diplomacy can prevail over violence, suffering, and oppression. This will provide a Solid Foundation for further and more effective diplomatic interactions. Before i conclude, let me thank those ambassadors who supported the jcpoa and also those countries who helped this deal happen. Let me respond to some baseless accusations by some members, some previous speakers. It is ironic that the distinguished ambassador of United States accused of my country of harboring a hostage. Reckless acts of the United States in our region for so many years are at the root of so many challenges we are now facing in our neighborhood. Iran is a stable country in an unstable region. We want our stability to persist. We do promote a stability in the region and we help our neighbors to stabilize and cooperate towards that. In conclusion, let me also inform you that my delegation upon instruction from a government is forwardin
Into place, what is there to look forward to . Welcome to bloomberg markets, rules and returns i am nejra , cehic in london. Where we dig into the opportunities for markets around the globe. From mifid two to doddfrank, we speak to the top newsmakers and participants shaping and reacting to a new generation of rules. Lets kick this show off with etfs. Is expectedfid ii to increase flows from Retail Investors in the u. S. To raise their exposure to etfs. To talk about the impact that mifid ii will have on etfs in europe, stephen, so great to have you on the program. I have brandnew hot off the press Intelligence Research to 2 etfs may double trillion in five years on mifid ii. Lets talk about growth. Is that the sort of growth you expect as a result of mifid ii . It is the kind of growth we expect. Mifid ii will play a big part in it. You are seeing as you have over the last two years in the u. S. , a shift towards utilizing etfs by all types of investors in their portfolios. Mifid ii i