ms. patenaude. ms. shea-porter: thank you, mr. chairman -- mrs. shaheen: thank you, mr. chairman. stater, pat ranite patenaude, to serve as the deputy secretary of the department of housing and urban development. what i have to say is probably overkill. after your comblowing review of her resume -- glowing review of her resume, mr. chairman. but ms. patenaude's experience in housing policy goes back nearly 3 1/2 decades. beginning with her work in new hampshire at the new hampshire housing finance agency. that was followed, as you pointed out, by services white house liaison at h.u.d. in the reagan administration. pam and first got to know each other when i was governor and she served in a succession of high level positions. director of new hampshire's small business development centers, the deputy chief of staff and later state director for then senator bob smith of new hampshire. d assistant deputy secretary of h.u.d. as you pointed out, she later served as h.u.d. assistant secretary in the office of c

ms. patenaude. i see friends and families behind you as well. i also see my good friend bob dole, at least i did a moment ago. we welcome him here. each of these nominees stands to impact the living of americans across the country and will play an important role. mr. hassett has had a disti distinguished career. he's a widely consulted expert. his nomination has received bipartisan support from notable economists including past cea chairman. mr. hassett's particular understanding of tax policy and the way it affects citizens and businesses will be a valuable asset to the administration. he has extensive experience with economic modelling and will be able to provide sound economic analysis for progrowth policies. key to economic growth is not only robust financial markets but also economic policies that will best enable all american to unlock their potential. i look forward to hearing from mr. hassett on how economic analysis can play a role in achieving this goal. ms. patenaude is a seasoned veteran

ms. patenaude, there's several. there's been a bipartisan interest in addressing a number of important issues in the housing space, such as streamlining regulatory requirements for phas, increasing the role of private capital and financing, affordable housing and creating a new sustainable housing finance system. i want no know, would you agree to prioritize those and work with us as we seek to achieve those objectives. >> yes, mr. chairman. >> thank you very much. and mr. hassett, my question for you is in the space you just referenced you have extensive experience with economic growth modelling and evaluating the economic impacts of policy. you mentioned you would like to prioritize getting that more transparent and i assume out there understood and used. various growth estimates have been discussed recently in the context of tax and budget and other reforms. in your opinion, is 3% growth a reasonable target? and if so, please explain what policies would be needed to reach that goal. >> thank you very much. the 3%

ms. patenaude there's been several. there's a bipartisan interest in addressing a number of important issues in the housing space such as streamlining regulatory paermts for smaller ph a's. increasing the role of private capitol in financing affordable housing, and create agnew sustainable housing finance system. and i don't need you to talk about these. i just want to know would you agree to prioritize and work with us as we seek to seat object he is. >> yes mr. chairman. >> thank you very much. >> and mr. hassett my question for you is in the space you just referenced, you have extensive experience with economic growth modelling and evaluating the economic impacts of policy. you mentioned you'd like to prior advertisetize getting that more transparent out there understood and used. various growth estimates have been discussed recently in the context of tax and budget and other reforms. in your opinion, is 3% growth a reasonable target? and if so, please explain what policies would be needed to reach that goal. >> than

ms. patenaude. i see friends and family behind you as well and i see my good friend, bob dole, at least i did a minute ago and we welcome him here. each of these nominees stands to impact the standard of living for americans across the country and will play an important role in spurring economic opportunity. positions inas had academics, education and policy. he is an expert on economic policy and contributed countless papers, commentary and testimony. his nomination has received bipartisan support from economists including past c.e.a. chairman. his understanding of tax policy and the way it feablingts citizens and businesses will be aning valuable asset to the administration. he has extensive experience with economic modeling and will provide sound economic analysis for pro-growth policies. key to economic growth is not only robust financial markets but also economic policies that will enable americans to unlock their potential. i look forward to hearing from him on howno

ms. patenaude.s behind you as well. i also see my good friend bob dole, at least i did a moment ago. we welcome him here. each of these nominees stands to impact the living of americans across the country and will play an important role. mr. hassett has had a disti distinguished career. he's a widely consulted expert. his nomination has received bipartisan support from notable economists including past cea chairman. mr. hassett's particular understanding of tax policy and the way it affects citizens and businesses will be a valuable asset to the administration. he has extensive experience with economic modelling and will be able to provide sound economic analysis for progrowth policies. key to economic growth is not only robust financial markets but also economic policies that will best enable all american to unlock their potential. i look forward to hearing from mr. hassett on how economic analysis can play a role in achieving this goal. ms. patenaude is a seasoned veteran in housing and community