Coronavirus briefing with vermont governor phil scott to keep longterm commitment to coverage of the us senate. You can watch the remainder of this briefing on cspan. Org. Senate lawmakers are completing work on the third coronavirus economics to me was plan, final vote on the bill is expected today. Now live coverage of the u. S. Senate on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Barry black, will lead the senate in prayer. The chaplain let us pray. O god, our father, we lift up our hearts in prayer because we trust in you. Lord, we know well the weakness and the insecurity of our hold upon this life. Comfort those who have lost loved ones during this Global Health crisis. When we wrestle with sad memories of mortal loss, give us all the glorious hope of life eternal. Lord, provide our lawmakers with the confidence that your allsufficient grace and power will enable them to become more than conquerors during this time of trouble. Remind them t
Yes bank has a high level of bad loans and not enough capital to cover the losses putting the bank at risk of default thats why the central bank decided to place yes bank under a moratorium and is now working on a merger or takeover naturally a market based. Solutions of the problem a bank. Of the problem is a profitable we have said that in opera statement yesterday also so naturally you have to give time to the bank to the management to you know take whatever steps. Need to take. Because of the uncertain future shares of yes bank plunged more than 70 percent during trading hours wiping out around 1000000000. 00 euros of market value in a single day its the biggest fall ever of an indian blue chip stock. Yes or no bank lets go to both kind of rally krishnan who joins us from delhi for the new side scroll rohan could you tell us whether or not depositors should be panicking right now. Broadly speaking that both of our fine yesterday had so theres a bank of india which is the banking re
Yes bank has a high level of bad loans and not enough capital to cover the losses putting the bank at risk of default thats why the central bank decided to place yes bank under a moratorium and is now working on a merger or takeover naturally a market based. Solutions of the problem a bank lead investor of led resolution of the problem is already refundable we have said that in Office Statement yesterday also so naturally you have to give time to the bank to the management to you know take whatever steps they need to take. Because of the uncertain future shares of yes bank plunged more than 70 percent during trading hours wiping out around 1000000000. 00 euros of market value in a single day its the biggest fall ever of an indian blue chip stocks. Yes or no bank lets go to both had been kind of run a krishnan who joins us from delhi from the new site scroll rohan could you tell us whether or not depositors should be panicking right now. Broadly speaking to both of our fine yesterday it
Thank you. This hearing is entitled Holding Wells Fargo Accountable examining the roll of board of directors and that the greatest patterns of consumer abuses. Today, we received testimony from elisabeth and mr. James quigley who until earlier this weeks are as chair of the board of directors of wells fargo and companys Walls Fargo Bank respectively. Both have resigned as our call for the resignations following the release of us phasing majority statute on wells fargos compliance failures in their individual failures as Board Members. Resignations do not absolve them of their failures. Directors at wells fargo, and institutions across this country must understand that they are the last line of defense when it comes to protecting your companys shareholders, employees and customers. And while ms. Duke mystically said said, there resigned to quote, avoid distractions that would be cleared and this is not a distraction, we are examining the conduct and the dereliction of duty. Over the pas
Board of directors chair, elizabeth duke, and former board member james quigley. Thank you. This hearing is entitled Holding Wells Fargo Accountable examining the roll of board of directors and that the greatest patterns of consumer abuses. Today, we received testimony from elisabeth and mr. James quigley who until earlier this weeks are as chair of the board of directors of wells fargo and companys Walls Fargo Bank respectively. Both have resigned as our call for the resignations following the release of us phasing majority statute on wells fargos compliance failures in their individual failures as Board Members. Resignations do not absolve them of their failures. Directors at wells fargo, and institutions across this country must understand that they are the last line of defense when it comes to protecting your companys shareholders, employees and customers. And while ms. Duke mystically said said, there resigned to quote, avoid distractions that would be cleared and this is not a di