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
Warren that good with you . They are having trouble between you and bernie sanders. At some point, are you going to bag the nonaggression tact and drawing more distinction . Sen. Warren we have been friends for many years, long before i got into politics. I do not see any reason for that to change. Dont youke it want to make it easier . Sen. Warren i want to talk about why i am in this race, to i amabout my plans and how building a Grassroots Movement to get it done. That is what voters want to hear. What is it that you want to do as president of the rest . I am trying to do try to make that clear every day. You are asked about guns earlier. Some are talking about a buyback program. I think it is not the most effective way in terms of pure is one thing that we need to do. We need to treat this as the Public Health emergency that it is. It will take a lot of changes to bring down deaths from gun violence. Eaths from Mass Shootings deaths from the mystic violence, from suicide. We need t
Dennis for opening up their back yard for all of us. What a beautiful way to do democracy. [applause] sen. Warren i am so glad that all of you are here. I appreciate your being here. I know there are a lot of things you could be doing on labor day, but 2020 really matters, and not just for the next four years or for the next eight years but for generations to come, and that is going to come straight through the center of New Hampshire, so thank you all for taking the time to be here today to invest in your democracy. I appreciate it. Thank you. Sen. Warren i just before i get started, i want to say word about the fact that we are here on labor day, and what that means. When i did the official announcement for my campaign, i went to lawrence, massachusetts. I do not know how many of you know lawrence, massachusetts. Sen. Warren but i think about it. I thought about it on that day. Think about the women who worked in those mills, the women who had so little that they often lived two and
[cheers and applause] sen. warren: thank you, iowa. thank you so much. it is too close to call, so i will tell you what i do. you won! as the and applause] baby daughter of a janitor, i am grateful to be on this stage tonight. [cheers] tonight, as a party, we are one step closer to defeating the most corrupt president in america. [cheers] will makedonald trump a speech about the state of the union, but i have a message for every american, our union is stronger than donald trump. in less than a year, our union will be stronger than ever when that one man is persistent one very woman. [cheers] [crowd chants] warren! donald trump and i see america from different viewpoints, and we have since we were born. trump grew up in new york city in a 23 room nine bathroom mansion. i grew up in oklahoma in a two bedroom house and one bathroom and a converted garage where my brothers slept. washe time donald trump three, he was getting a $200,000 allowance from his dad s real estate emp
Virtual currencies are meant to act as a type of money that can be traded online exchanges for conditional conventional currencies such as dollars. Or use to purchase goods and services predominately online. Developers, businesses, and individuals are selling through selling Virtual Currencies through initial point offerings to raise capital. Year, manyst americans have become increasingly interested in Virtual Currencies especially given the meteor rise in valuation in recent fall bitcoin. Just for perspective, on january 2 last year, bitcoin broke the 1000 barrier and then peak in december at a way thousand dollars and as of this morning is trading at roughly 6,900. Today, the market capitalization of bitcoin is roughly 115 billion. Regulators and heads of industry educate investors. Part, the sec as put forth many statements and guideposts to help the markets and investors. Has issued sec bulletins on initial coin offerings. Theyve issued several enforcementbrought actions against f