Manufacturing procedures after door mishap on board an american Alaskan Airlines flight. Temporally grounded over one or 50 planes and ordered inspections by the house transportation subcommittee hearing is about three hours. [background noises] is mick. [background noises] a subcommittee on a visual consort is unescos at the chairman authorized to declare recess without objections ordered also ask you nose consent subcommittee and ask questions that objection prints ordered. I was reminded members wishing to insert documents in the record please also email the documents i dont recognize myself for the purpose of an Opening Statement for five minutes. Thank you for being here administrator whitaker. I want to first off congratulate you for your unanimous confirmation vote. As you know achieving Something Like that in todays times is quite remarkable. Really appreciate your expertise head look forward to working with you. I hope you understand the strong support from congress but also e
Inspections by the house transportation subcommittee hearing is about three hours. [background noises] is mick. [background noises] a subcommittee on a visual consort is unescos at the chairman authorized to declare recess without objections ordered also ask you nose consent subcommittee and ask questions that objection prints ordered. I was reminded members wishing to insert documents in the record please also email the documents i dont recognize myself for the purpose of an Opening Statement for five minutes. Thank you for being here administrator whitaker. I want to first off congratulate you for your unanimous confirmation vote. As you know achieving Something Like that in todays times is quite remarkable. Really appreciate your expertise head look forward to working with you. I hope you understand the strong support from congress but also enormous recognition of the responsibility of the job youve now taken on. We have heard a lot of descriptions about americas Aviation Industry.
Director. Kahina here kahina present chair. Ekin here. Ekin present. For the record, i note that director hinsey is attending this meeting remotely. Director hinsey is reminded that she must appear on camera throughout the meeting and in order to speak or vote on any items places you on. Item number three the ringing use of cell phones and similar sound producing Electronic Devices are prohibited at this meeting. The chair may order the removal from the meeting room of any person responsible for the ringing or use of a cell phone or other similar sound producing Electronic Device places you on. Item number four approval of minutes for the november 21st regular meeting. Thank you directors. Are there any changes to the november 20th one minutes . Yes seeing none, well open Public Comment for anyone in the room on the november 20th one minutes. Seeing none, please open a remote at this time. Well move to remote Public Comment not to exceed a total time of ten minutes. Members of the publ
Thursday morning on cspan or on cspan now free mobile app up or discussion with your phone calls, Facebook Comments Text Messages and tweets. Bank executive from Silicon Valley bank, Signature Bank, and First Republic bank testified on the recent failures of joint subcommittee hearing. Rapid growth, Digital Assets and rapid deposit withdrawals were contributing factors that led to the collapse of the respective institutions. All makers asked about executive compensation and Risk Management. [background noises] Mike Emmanuel come to order. Joint subcommittee is titled continued oversight over Regional Bank failures. That objection all members will have five alleged days within which to submit extraneous materials to the chair for inclusion in the record. Without objection a chairs office to declare a racist of the committee at any time. With that i now recognize myself for four minutes. Todays hearingng will help the Financial Services committee learn more about recent Bank Failures inc
Order. The joint subcommittee hearing is titled concern continued oversight on Regional Bank failures. Without objection, all members will have five legislative days to submit extraneous materials to the chair for inclusion in the record. Without objection, the chair is authorized to declare a recess of the committee at any time. With that, i now recognize myself for four minutes. Todays hearing will help the Financial Services committee learn more about recent Bank Failures, including management missteps, supervisory failures, and rapid fire bank runs in the age of social media. I think our witnesses for testifying today. The recent banking crisis was fueled by failed Bank Management, lack of hedges against Interest Rate risks, failed military policy, failed supervision, and overspending by the administration and democrats that led to historic inflation, prompting increased Monetary Policy action. Today, we will hear about what went wrong from the Bank Management themselves in state r