Lines of Transportation Committee will come to order. For the purposes of a hearing. We are here this morning at the full for improving a rail safety and response to the bailment. The witness table. [background noises] [background noises] good morning everyone. They hearing will come to order. On february 3, the town of East Palestine, ohio experience a Hazardous Material event that no community should have to suffer from a Norfolk Southern train carrying Hazardous Materials crash just outside the town 38 cars, more than a quarter of the train was derailed. Plastic pellets for monday drilled cars caught fire engulfed other railcars including five carrying vinyl chloride. After burning for two days, authorities became concerned the vinyl chloride was undergoing a Chemical Reaction that made it bigger and more dangerous. They then initiate a controlled burn of the chloride and five tanks to create greater catastrophe pre2000 residents were forced to evacuate and a eight community was for
You can see the schedule for this term plus a list of all current justices and search all their appearances on cspan. With video on demand, you can watch all the oral arguments weve aired at cspan. Org supreme court. Health and Human Services secretary nominee alex azor testified yesterday at his confirmation hearing about Prescription Drug prices, medicaid and medicare and experience at eli lilly. Tommy thompson and mike leavitt, former Health Secretaries under george w. Bush introduced him to the Senate Finance committee. [inaudible conversations] i think we better get it going. This meeting will come to order. Welcome everybody to this mornings hearing. Today the committeeg. Will consider and examine the nomination of alex azor to save as serve as the secretary of health, one of the most important jobs anywhere in the world. Like to welcome him to the finance committee this morning. Thank you for being here and for your willingness to serve in this important capacity. He certainly h
Virtual currencies are meant to act as a type of money that can be traded online exchanges for conditional conventional currencies such as dollars. Or use to purchase goods and services predominately online. Developers, businesses, and individuals are selling through selling Virtual Currencies through initial point offerings to raise capital. Year, manyst americans have become increasingly interested in Virtual Currencies especially given the meteor rise in valuation in recent fall bitcoin. Just for perspective, on january 2 last year, bitcoin broke the 1000 barrier and then peak in december at a way thousand dollars and as of this morning is trading at roughly 6,900. Today, the market capitalization of bitcoin is roughly 115 billion. Regulators and heads of industry educate investors. Part, the sec as put forth many statements and guideposts to help the markets and investors. Has issued sec bulletins on initial coin offerings. Theyve issued several enforcementbrought actions against f
Committee met to discuss Virtual Currency, the Commodity Futures Trading Commission discussed the oversight and regulatory actions thus far. This is just under two hours. The committee will come to order. This morning we will receive testimony from sec chairman jay clayton, and cftc chairman Chris Giancarlo on the current world of the oversight conducted by their two agencies. Welcome, gentlemen. Virtual currencies are meant to act as a type of money that can be traded on online exchanges for conventional currencies such as dollars. We are used to purchased goods or services predominantly online. Additionally, developers and businesses and individuals are selling virtual coins or tokens through initial coin offerings also known as icos to raise capital. Over the last year, Many Americans have become increasingly interested in Virtual Currencies especially givenet meteoric rise in valuation and recent fall of bitcoin. Just for perspective in january 2 of last year, bitcoin broke the 1,0
[inaudible conversations] [inaudible conversations] the committee will come to order. This morning we will receive testimony from sec chairman and cftc chairman carlo with the Virtual Currency and the oversight connected by their two agencies. Welcome. Virtual currencies are meant to act as a money to be traded with the online exchanges such as dollars used to purchase goods or services predominately online. Additionally developers and individuals are selling one selling virtual coins also known as the ico to raise capital over the last year Many Americans have become increasingly interested in Virtual Currency given the rays of valuation with bitcoin it broke the 1000dollar barrier and then peaked december 2017 and almost 20000 as of this morning trading at roughly 6900. Today the market capitalization is roughly 115 billion. This is an incredible rise given in 2013 when this committee had subCommittee Hearings the total value in circulation was approximately 5 billion. As Virtual Cur