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Preferred stock Purchase Agreements were entered into with treasury, that suspended the capital of fannie and freddie. If we were building up capital i understand exactly what youre saying. But those two criteriaen dont apply anymore because they are in conservatorship. Every dime is going to the taxpayers if theres a profit. Theres statutory language here that requires an end to the allocation. I think its very straightforward. But ill close with this. Today, i along with many of my republican colleagues will reintroduce the payback the taxpayers act. And this bill will ensure that money comi...

Answer to that question. I wish to yield a brief moment to the Ranking Member. Thank you, mr. Chairman. I, too, would like to welcome director mel watt to the hearing today. I was somewhat torn when he received this appointment. While i know, and always knew, he would do a great job at fhfa, i knew i would miss him on this committee. Not only because he was such a thoughtful, well prepared member of the committee, i could count on him as the one person who had read every line of the bill. Melmel watt had not only read every line of the bill, he was the one who could come up with a question tha...

9 00. I knew that there would be trouble this morning. I got myself seated good. Well squeeze you for everything youre worth. We needed a big name. Big name. We got one. It day after for december 26. Youre too kind. Then here you are. Here he is. What did you get . Anything good . I have switch, lump of coal . Hes a hanukkah guy. A lump of coal yes, but a lump of coal at some point probably worth something. Tet rate were going. Thats right. Youre no tree . I want a tree, my wife says theyre too messy. The trees are messy. The needs needles you have the festivus pole. Grievances you better go, ...

On the ground in ukraine. We will open up our phones to you in the first 45 minutes. We want to get your thoughts and your reactions. Thinkt to know what you the u. S. Response should be to that vote. Our phone lines are open, democrats can call republicans you can also catch up with us on all your favorite social media pages, on twitter, facebook, or. Mail us at journal cspan. Org a very good monday morning to you. I want to take you to the u. S. And around the world. Heres the front page of the New York Times today sanctions on the horizon. Theront page of Washington Post the front page of t...

But i have not. Lori i have only seen it on broadway. Stalks off to a tough start. Early numbers point to a tough season. Tracy a nice and shiny fiscal cliff. President obama cut his vacation short. We are tracking where it is headed next. We are expecting negotiations to continue tomorrow. There is talk now that that may not happen. Time to head down to the New York Stock Exchange with Nicole Petallides. Nicole Merry Christmas to everybody. The vix, the fear index, has been to the upside. Whether or not washington will solve the worries about the socalled fiscal cliff approaching quickly. Her...