[ applause ] up next, on s span 3, Community Banking regulations, then discussion on u. S. Infrastructure challenges and the u. S. Supply chain. Later a hearing on freight rail. The Political Landscape has changed with the 114th congress. 43 new republicans and 15 new democrats and 12 new republicans and 1 new democrat, 108 women in congress including the first africanamerican woman in the house and first woman veteran in the senate. Keep track using congressional chronicle on cspan. Org. The page has lots of useful information including Voting Results and statistics about each session of congress. New congress best access on cspan, cspan2 cspan radio and cspan. Org. Recently the Federal Reserve and Consumer Financial Protection Bureau removed some lending restrictions on small banks. Next the Senate Banking committee looks at Community Banks and federal regulations. Richard shelby of alabama chairs the hearing. Next the Senate Banking the hearing will come to order. This week the comm
Of an organization that is how many have grown out of that though. Every time you kill one, you get 10 or 20 more to join the cause. So are we winning . And it has helped the iraqi forces, the partners and kurds Iraqi Security forces retake key strategic areas. In five months, i think there is limbed and preliminary but significant evidence that this combination of limited u. S. Force and partners is working. I appreciate your time. Im out of time. Thank you, mr. Chairman. I thank the member from florida. Well we appreciate the time of all of our witnesses here today. This was a start of a very important conversation so i think as we deal with this, deal with this growing threat from isis and as we deal with the president s request we thank you again. Were going to be submitting some additional questions to our panel. Appreciate your response and we stand adjourned. A reminder that if you missed any of todays hearing you can watch at anytime in our video library. Just go to cspan. Org.
Challenges we face as a nation and as a people. Of course, businesses does not they dont do it alone. And yes, businesses need the government to protect our security. And to maintain an economic platform of our country. But what Business Needs most of all from all of these Government Agencies is wise, competent and courageous leadership that knows when to get involved and when not to interfere. A government that is judicious and responsible in the exercise of its extraordinary powers to tax, spend and regulate. Today were hearing a lot of talk about socalled economic populism. Its advocates claim they are standing up for the average citizen. But what theyre really standing up for is the unbridaled growth of the Central Government and the development of a state run economy. We have economic populism in this country. And ill tell you what it is. Its 28 million businesses of every conceivable size and endeavor that have sprung to life in every town, city and community in our country. Its
Even the European Central bank. Instead, it was the Swiss National bank stunning currency markets around the world by removing the price ceiling on the swiss bank designed to keep its currency artificially low against the euro. That sent the value of the frank soaring and swiss stocks tumbling. Today, the frank at 1 point up about 20 when it was all said and done against the euro. Now, the defensive move comes ahead of an expected announcement from the Ecbs Mario Draghi next week of a massive euro zone quantitateive easing plan like one in the u. S. The past few years. That would weaken the euro sending investors flooding into the frank. Lisa boyason has more. Shes in zurich. Reporter a swiss shock. Theres simply no other way of describing what took place on the swiss markets. The Swiss National bank coming through and surprising everybody by deciding to scrap a cap thats been in place preventing the swiss frank from appreciating above a certain level towards the euro. At the same time
Even the European Central bank. Instead, it was the Swiss National bank stunning currency markets around the world by removing the price ceiling on the swiss bank designed to keep its currency artificially low against the euro. That sent the value of the frank soaring and swiss stocks tumbling. Today, the frank at 1 point up about 20 when it was all said and done against the euro. Now, the defensive move comes ahead of an expected announcement from the Ecbs Mario Draghi next week of a massive euro zone quantitateive easing plan like one in the u. S. The past few years. That would weaken the euro sending investors flooding into the frank. Lisa boyason has more. Shes in zurich. Reporter a swiss shock. Theres simply no other way of describing what took place on the swiss markets. The Swiss National bank coming through and surprising everybody by deciding to scrap a cap thats been in place preventing the swiss frank from appreciating above a certain level towards the euro. At the same time