[inaudible conversations] this committee will come to order. Without objection the chairs authorized to declare a recess at any time to be entitled Holding Wells Fargo Accountable the bank that broke americas trust i recognize myself for four minutes to give an Opening Statement. Today wells fargo ceo will testify before the committee about how he plans to and wells fargo egregious pattern of consumer abuses. We invited him to testify before this committee the last three and half years. We will note each time a ceo has testified before this committee he has resigned they are soon after. [laughter] you are taking on a massive challenge i certainly wish you luck it is clear to this committee that the bank you inherited is a lawless organization has caused widespread harm to millions of consumers throughout theor nation. Ells fargo has opened three. 5 million fraudulent accounts in their customers names which cause consumers over 6 million charged consumers for automobile insurance polici
The pound is rallying. Tenyear back to 17 now as that threemonth tenyear curve goes positive road map begins with a trade boost, stocks set for a sharp rally at the open as optimism for a skinny trade deal is growing. Oil prices jumping this morning, this after iran says two missiles struck one of its tankers. Gms urging the uaw to engage in around the clock bargaining to reach a deal and potentially end the more than three week long strike. Were going to begin with u. S. china trade talks, lighthizer, mnuchin, greati ingg chinas vice premier the president and the vice premier set to meet this afternoon. Yesterday, the president was upbeat about the talks take a listen. Were doing very well, were having another one tomorrow. Im meeting with the vice premier over at the white house. And i think it is going really well i will say, i think it is going really well. So we had a very, very good negotiation with china theyll be speaking a little bit later, but theyre basically wrapping it up
Are open to a partial trade deal plus the 8 billion surprise Johnson Johnson slapped with a massive jury award over an antipsychotic drug. Apple is facing criticism from china at issue, a third party Smartphone App that allows hong kong activists to track the movement of police first up, stocks looking to recoup losses from the selloff yesterday. U. S. China trade talks one day away wall street is also waiting the afternoon release of the minutes from last months fed meeting where well look for clarity or any kind of color on discussions about Balance Sheet or where rates may go from here. Terrible close. It was. It was ugly. A give up type move. Interesting actually daily path that the market took selling off in the morning and right ahead of the jay powell speech, the european markets closed, starts to trend upward, seems like it is going to find its footing, and then the kind of announcement of u. S. Visa restrictions on certain chinese nationals that basically people said, okay thi
Your national goal, and national solidarity. After our solution what is National Cohesion and solidarity . Elections are one of the most powerful levers to create solidarity. We must try to achieve cohesion and solidarity by any means. Now, elections are the best way, but they are not the only elections. Lets check and honestly accept, accept and benevolent of our criticisms , implement them correctly and strengthen a sense of public trust in the country. There is no problem with the ruling group with the majority of peoples vote, but what they mean is that he decides to act with his own resources and capacity. Lets go get it now to sit in the parliament with high participation means to use their own thoughts to solve peoples problems, only they should use them because we choose you , because you can better use the countrys capacities, you can better use the countrys thoughts , the countrys talents, the countrys elites. Lets use the development of the security of these tours. Many secu
Did the weak reaction of the west become an encouragement to new russian aggressions against the neighbors . In august 2008, Russian Troops invaded the territory georgias pretext was the alleged defense of selfproclaimed South Ossetia, in fact , experts and historians say, the goal of the Russian Troops was the overthrow of the then president saakashvili, the assaultdubilisi, the surrender of georgia the war lasted only five days, but it significantly affected the further history not only of georgia itself, but also of all of europe. Georgia lost control over a fifth of its territory and, most importantly, people, according to official data , as a result of the conflict , 179 georgian servicemen died and went missing these days in tbilisi honors their memory to the graves, the first persons of the country carry flowers and wreaths in that war , experts say, russia showed how to fight medals, in particular, in ukraine. How has georgia changed over the past 15 years and where is Georgian