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Reserve vice chairman for bank supervision. Idaho senator mike crapo is chair of the banking committee. Thank you very much. And would the witnesses for our hearing please come and take their seats and while theyre doing that, senator shelby cant be here for his questioning time and so hes asked for just like a minute to make a quick statement. Ill be real quick today. I just want to say i wont be here. Ive got to preside over a appropriation hearing. But i believe that president has sent twous two good nominees. One we waited a long time for the vice chairman for the supervision of the fed. I...

Reserve vice chairman for bank supervision. Idaho senator mike crapo is chair of the banking committee. Thank you very much. And would the witnesses for our hearing please come and take their seats and while theyre doing that, senator shelby cant be here for his questioning time and so hes asked for just like a minute to make a quick statement. Ill be real quick today. I just want to say i wont be here. Ive got to preside over a appropriation hearing. But i believe that president has sent twous two good nominees. One we waited a long time for the vice chairman for the supervision of the fed. I...

Statement. Ill be real quick today. I just want to say i wont be here. Ive got to preside over a appropriation hearing. But i believe that president has sent us two goodnominees. I hope the hearing goes well and we can expedite the nominees and get them in place. Thank you. Thank you,senator shelby. All right. The hearing will come to order. This morning well consider the nominations of mr. Joseph otting to be comptroller of the currency and randal quarrels to be a member of the board of governors of the Federal Reserve system and vice chairman for supervision of the board of governors of the ...

As they should be. We have a accomplished this year documenting actually some of the beleaguered preferences ocii properties have. Weve published a Housing Preference guideline that shows how the different Housing Preferences that we monitor and that we facilitate through the lottery system interacts with each other. I have copies of the preference manual if you like to see it. It lets people know prior to putting us putting it in this book, there were no written instructions for kind of documentation you need to have to get the correct rent burden preference, let sit. Or even elaborating on w...

Tracy im tracy alloway. Riyadh. You are in that is not your normal place. What are you doing here . Are not here to look for oil barrels. The story here is about the Stock Exchange. They have the biggest Stock Exchange and they are pushing ahead wiith the series of reforms. Part of it is to make it deeper. Part of it is to perhaps repair as well for the delisting of saudi aramco, but also to diversify away from its dependence on oil. The new parallel market they are is arabichere, tracy, for growth. It requires a market value of at riyals. Million saudi and they are offering a percentage of at...