The chairman of the gentleman from mr. From texas is recognized. Thank you madam chair. Madam chair, as a practitioner, i once represented a rips recipient of welfare who is charged with a crime, because she made more money at a job and receiveds some benefits from the federal government. She had to be prosecuted. A crowned with allege. If this bank works much smaller, had maybe ten employees who were engaging in this type of activity, opening an opening up false accounts, fraudulent accounts, creating fraudulent credit cards. Someone would be prosecuted. If small banks would have had prosecution take place within the rank of the person within the bank. Evidence shows that small banks have had persons prosecuted. But wells fargo created 1. 5 million fraudulent accounts. Wells fargo had over 500,000 credit cards created fraudulently. Is it the case that if you become so big, and you create such a grand steam, that you are beyond the law of the law to apply to wells fargo just does it ap
Much as yesterday, of course, when it posted one of it best days since january joining us for the hour is mark tepper, founder and ceo of Strategic Wealth partners. And mark, you know, a rally like this going into year end has got to make your clients feel good but do you tell them not to expect the same thing next year . Thats absolutely the conversation were having with clients right now. I mean, it has been an awesome year markets are up about 30 all on the back of no Earnings Growth whatsoever. So its all been multiple expansion. Its all been an increase in Investor Sentiment so were telling clients right now, manage your expectations for 2020 dont expect a repeat of 2019. I think, unfortunately, a lot of Retail Investors tend to have a shortterm memory when it comes to market performance. So, its not easy. You do have to work at it. Expect good gains in 2020, but nothing like this. Lets focus in on the big stories were watching today Frank Holland is tracking the nasdaqs run to ne
We will take you inside the chase center with metallicas openingnight cancer, concert. Things are about to slow down at San Francisco airport. The big repair starting this morning. It is saturday, september 7. Lets start out this morning with a look at our forecast. Struck a cloudy start to the day. We can see some drizzle out there in places. Particularly near the coast and in around the bay. Light rain on the windshield and the clouds will stick around for a good part of the day. It is not just a marine level either. Let me show you what this means for temperatures. You will see the numbers showing up in the 60s. 63, oakland. 60, livermore. 58, san fransco. The city well top out at 72 which will be a little bit above where we were yesterday. And the number inland will go to 82. The coast and day locations today have a chance for light morning rain. We will keep the clouds inland and it will be cooler for those inland spots. We are only going to 82 in general today. Here are the headl
Most of the education of an idealist a memoir by ambassador Samantha Power comes out in september. This is a quick preview and oyyoure watching booktv on cspan2. Good morning, book lovers, how are you . Can we stop for a moment and acknowledge the librarian, hardworking staff and the volunteers . Absolutely. [applause] im chairman for the National Endowment of humanities, we proud to continue partnership of National Book festival, changemakers and one way we are doing so is to discuss topic on the bottom level of the convention center, theyll we will recognize importance of 19th document, documentary coming on pbs we have wonderful cutouting of Suffrage Movement leaders that you o can oppose with and children can pose with, grandchildren, Frederick Douglas and other, Alexander Hamilton some of the Popular Figures weve from the past will be there as well and well have programming about sifng and importance of librarieses at the parades of states. But for this room and this moment, were
A senate agent on robo call fraud. A pennsylvania sheriff, u. S. Postal inspector and Telecommunications Consultant testify on the impact of robo call scams and how to better educate the public. An hour and 45 minutes. The hearing will come to order. Good morning. Protect american seniors from scammers who seek to defraud them is a central goal of this committee. In the past six years we have held 23 hearings on fraud and scams targeting our seniors. Using phones and the internet, they have proven to be relentless. To protect our nation seniors, we must continue not only to prosecute con artists who steal literally billions from our seniors, but to also find new, more effective ways to block a legal spoofing and robo calls at the network level. Last year robo callers generated more than 26 billion unwanted calls that reached American Mobile phones. When land lines are included, the number soars to 48 billion. In may alone, our residents received an astonishing 93 million robo calls las