Alright. I dont consider myself a journalist. And nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Were here today with chuck schwab, whos one of the bestknown figures in the American Business world, certainly has been so over the last several decades because of his ubiquitous face and his ads, but also because of the Great Company hes built, which is one of the leading Financial Service companies in the united states. Hes now just written a book, called invested, by Charles Schwab, and i want to talk about that and his life, which is incredible. Let me start by asking about something you made news with just recently. Your Company Announced youre not just going to do discount brokerage. Youre going to give away brokerage for free. In other words, if i want to buy some stock, i call up, i have an account,
Any time. Members are reminded to keep their video function on at all times. Members are reminded that theyre responsible for muting and unmuting themselves and to mute themselves after they are finished speaking. Consistent with the regulations accompanying the resolution, staff will mute members when not recognized to avoid inadvertent background noise. All house rules relating to order and decorum apply to this remote hearing. [ inaudible ] economy and i know recognize myself for four minutes to give an opening statement. Chair powell, the law that required the Federal Reserve chair to testify before congress twice each year was established back in 1978. However, no fed chair has ever testified before this committee with the economy in the condition that it is in today. More than 116,000 americans are dead from the coronavirus. And just last week, 21 states recorded an increase in their average daily new cases compared to the prior week. The april jobs report was the worst in Americ
Programs and committees as well. We will take you live to the financialal services subcommittee. The subcommittee is now in order. Without objection, the chair is authorized to declare recess from the subcommittee at any time. Members of the full committee not on this subcommittee are authorized twopart is abated todays hearing. I remind you to keep your video function on at all times, even when not recognized by the chair. Numbers are recognized recommended not to mute themselves after they are finished speaking. With the regulations , staffnying hrs 965 will only use witnesses as appropriate. Members are reminded that all rules relating to order and a quorum applied to the hearing. Members are reminded that this paycheckentitled, security Economic Perspectives on alternative approaches to protecting workers pay during covid19. I now recognize myself for four minutes to give an opening statement. In february, before a pandemic was declared and the economic livelihood of americans was
If i fixed my tie. I dont consider myself a journalist. No one else would consider myself a journalist. I began to take on the life of an interviewer even though i have a life of running a private equity firm. How do you define leadership . How what is it that makes somebody tick . We are here today with chuck schwab, one of the most wellknown figures in the Business World because of his ubiquitous face and because of the Great Company he has built, which is one of the Reading Companies leading companies in the u. S. He has just written a book called invested. We will talk about it and his life. Lets talk about something you made news with recently. Your Company Announced you will not just do discount brokerage. You will give away brokerage for free. If i have an account, i can trade for free. How do you make money . Charles thanks for having me on your show. I have known you for a while. Secret of how the you make money when you are not charging . Charles a long time ago we started ta
David i dont consider myself a journalist. No one else would consider myself a journalist. I began to take on the life of an interviewer even though i have a life of running a private equity firm. How do you define leadership . What is it that makes somebody tick . We are here today with chuck schwab, one of the most wellknown figures in the Business World because of his ubiquitous face and because of the Great Company he has built, which is one of the leading companies in the u. S. He has just written a book called invested. We will talk about it and his life. Lets talk about something you made news with recently. Your Company Announced you will not just do discount brokerage. You will give away brokerage for free. If i have an account, i can trade for free. How do you make money . Charles thanks for having me on your show. I have known you for a while. David tell me the secret of how you make money when you are not charging . Charles a long time ago we started taking commissions and