Captioning performed by vitac by those we regulate, and of course, by this committee and congress. Whether were making changes to the staffs longstanding review process for shareholder proposals, assessing the duties of Investment Advisers or considering how to strengthen company disclosures, we must be fair and transparent about the policy choices we make and the data and information on which we rely on making those choices. I thank the committee for its oversight of these important issues. And i stand ready to answer your questions and listen carefully to your thoughts and concerns. Thank you. Commissioner lee. Chairman clayton you are now recognized. And i want to echo the thoughts of my colleagues on the opportunity we have to testify today and note that their testimony demonstrates the wide range of issues that the Commission Deals with every day. I want to thank this committee for your support of the commission and in particular the dedicated women and men who are our most import
We will hear testimony on the nomination of jay clayton be secretary of the Exchange Commission. Extensive command experience as a securities lawyer. For decades he has helped Companies Access cap bull the ability tose invest in the United States and grow and create jobs. One area he is already indicated he will focus is cap formation. Drive innovation and job creation and access is the lifeblood of our economy. The jobs act helped revitalize markets published in the fec should find ways to help companies go public and allow their investors to share in their success. Recently this committee marks of several bipartisan securities bill and we encourage you, if confirmed, to identify other security areas which could help legislative improvements. The sec has an important threepart mission. Protect investors, maintain efficient markets, and facilitate Capital Formation. Each part of the mission is equally important and should not come at the expense of the other. I raise this because the s
Power lunch begins right now. Im melissa lee. Donald trump expected to meet with former cia director general David Petraeus later today and expected to meet with mitt romney and senator bob corker tomorrow. The Supreme Court refusing to hear alan stanfords appeal to overturn his 110year prison sentence and the wall street rally is on pause. All three major averages in the red off record highs set on monday. More on the market in just one second. First, we have breaking news. Lets get to sue herrera for the latest. News conference ongoing right now at Ohio State University following an incident that occurred earlier this morning when the campus basically put in place a shelter in place order. Youre taking a look at the live shot by our nbc affiliate. Thats one of the doctors talking about the people who have been injured. This mornings attack initially was thought to be an active shooter. Thats what was tweeted out. However, as new developments come in, apparently it was a planned attac
Busy world offers. Lord, deliver them from the inclination to pray pedestrian and comfortable prayers. May they instead pray courageously about even the things they fear, and in your presence hear you say dont be afraid; it is i. Remove the barriers of fear, suspicion, and doubt that keep them from you. With be them every hour of this day, teaching and guiding them with your wisdom. We pray in your sacred name. Amen. The president pro tempore please join me in reciting the pledge of allegiance to the flag. I pledge allegiance to the flag of the United States of america and to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Mr. Reid mr. President . The presidinmr. President . Offic. The president pro tempore the majority leader. Mr. Reid i move to proceed to the hagel sport sportsmen legis. The president pro tempore clouter. The clerk motion to proceed to s. 2363, a bill to protect and enhance opportunities for recreational hunting,
As a Global Economic indicator. They see obviously a tough 2013. They talk about it being choppy in the first half. For this year 2012 they have lowered their numbers. Again, this is the second time they have put out a cautionary tone and having to change the numbers. They said maybe in the back of 2013. So that sort of feels like a long time to wait. Everybody wants some numbers here and now. We did see the stock move here to the down side, but it has recovered and moved back into the green, so its up 1 1 4 . But this comes on the heels of other Dow Companies that came out with some tough numbers last week including mcdonalds and general electric. Back to you. Nicole thank you very much. Its been a rough week for Solar Companies. A judge confirming solyndras bankruptcy plan earlier today despite protests from the government which stands to lose about half a billion dollars invested in that company. So this comes after two more Companies Subsidized by the Energy Department of our gover