mr. toomey: mr. president? the presiding officer: the senator from pennsylvania. mr. toomey: thank you, mr. president. and i want to thank my colleague, senator manchin from west virginia, for his work on this, for being the lead democratic sponsor on this very important legislation. i also want to thank senators mcconnell and inhofe for cosponsoring the legislation. and i'd like to thank every single member of the house of representatives because every one of them voted in favor of this legislation. i've got is a number of rngs that i want to cite and develop in a series of arguments, mr. president, but i understand that the senior senator from iowa has some time constraints, and i want to be cooperative in that respect, so i will make a unanimous consent request at this time, and i think senator harkin is likely to respond to that. i will then make my arguments in favor of this legislation. so at this time, mr. president, i ask unanimous consent that the senate vitiate cloture on the motion to concur in the house amendment to s. 1086, the child care and development b

toomey: mr. president? the presiding officer: the senator from pennsylvania is recognized. mr. toomey: mr. president, i would just whrie like to say bry that i would like to thank senator casey for the terrific cooperative relationship he and i have. when wendy beetlestone confirmed, that will make the i- make the 11th federal judge that's been confirmed as a result of the work we've done. wendy is a great candidate and i think she will make a great federal judge and urge my colleagues to confirm her confirmation. the presiding officer: the clerk will report the noings voke cloture. the clerk: cloture motion: we, the undersigned senators, in accordance with the provisions of rule 22 of the standing rules of the senate, do hereby move to bring to a close debate on the nomination of wendy beetlestone of pennsylvania to be united states district judge for the eastern district of pennsylvania, signed by 1 senators. -- signed by 17 senators. the presiding officer: by unanimous consent, the mandatory q

toomey. >> thank you, mr. chairman. thank you, director watt. i want to say that i share a concern that was first raised by senator crapo about the danger that we slide back into some variation of the status quo prior to the financial crisis. i'm concerned about the current overwhelming dominance of the mortgage mart by the g.s.e.'s. i know that the fhfa has addressed this. as recently as earlier this year n both the conservative -- curveship, strategic plan and conservator ship scorecard. one of the goals mentioned in both is to reduce taxpayer risk through increasing the role of private capital in the mortgage market. quite rightly so in my view. in its 2013 annual report, the fsoc said, and i quote, higher guarantee fees are expected to help facilitate increased participation by the private sector in mortgage markets. the counsel recommends that the fhfa continue these efforts in order to help bring more private capital back into the mortgage finance, end quote. almost immediately upon being sworn into office, you suspended the planned increa