[background noises] clicks the committee will come to order without objection shares authorized to declare recess for the committee any time. The hearing todays entitled oversight of regulators. Without objection all members of five legislative days in which to submit extraneous materials to the chair for inclusion in the record. Just one additional comment members about the schedule. This has a hard stop at 2 00 p. M. And accommodation of the three regulars before us. We will not go past 2 00 p. M. Arachnids must sell for four minutes to give an Opening Statement we here to conduct oversight regulators there is plenty to discuss put forward a proposal that require robust debate and explanation. You are first up. We all know why you failed your employees your agency the fact have not yet resigned approves no responsibility for your actions showing up today is not an act of courage is an act of hubris. You are confronted with a report outlining appalling and abhorrent behavior at the fe
During three and half hour hearing. [background noises] clicks the committee will come to order without objection shares authorized to declare recess for the committee any time. The hearing todays entitled oversight of regulators. Without objection all members of five legislative days in which to submit extraneous materials to the chair for inclusion in the record. Just one additional comment members about the schedule. This has a hard stop at 2 00 p. M. And accommodation of the three regulars before us. We will not go past 2 00 p. M. Arachnids must sell for four minutes to give an Opening Statement we here to conduct oversight regulators there is plenty to discuss put forward a proposal that require robust debate and explanation. You are first up. We all know why you failed your employees your agency the fact have not yet resigned approves no responsibility for your actions showing up today is not an act of courage is an act of hubris. You are confronted with a report outlining appall
Senate banking, housing, and urban Affairs Committee will come to order. We hear testimony from three key regulators who see responsible for protecting your Banking System and make sure it serves all americans. The hearing comes one week after release the depended view on Sexual Harassment in workplace misconduct at the fdic. It may clear the fdic has serious longrunning problems. For far too long if leaders leaders failed to take action to protect its most valuable resource, that is its workers. The review details episodes of harassment, discrimination, and other misconduct that no one should ever have to endure, especially in the workplace and it could never be tolerated. Period. This committee and the American People, clear answers and decisive action. That includes your plan for restoring fdic culture and regaining the trust of your employees. The steps you will take to put misconduct, and discrimination and ensure victims are not silenced. And how youll ensure perpetrators are fin
Vice chair for supervision at the federal reserve. Live coverage here on cspan. Mr. Luetkemeyer ive been here a long time. This is my 14th year in this committee. Which is a long time. Also know that you lied to me. You lied to the chairman, you lied to this committee. On operation choke point. And it took an email where we found you involved before we confronted you and you admitted it in my office that you were involved in this and it stopped. Since then, since your new term, youve been involved in it again. You were here with your three representatives and also admitted wrongdoing there. Also theres weak management from the standpoint of regulation. Thats what your job really is. As evidenced by the three banks that failed last year. As a bank examiner, there is no way in the world i would have allowed a bank model of those three banks to exist. 80 to 95 uninsured deposits. Are you kidding me . No way. You knew about it for a year. Did nothing. And in doing that you endangered not o
Headunes lets bring you the latest headlines this hour. And i have some breaking for news you thats coming into us all the time. Detail we have at the time. The detail we have at the moment seven people have moment is that seven people have lost following lost their lives following a double in the double shooting in the netherlands. It netherlands. We understand it took in the dutch port took place in the dutch port city rotterdam. Also i can city of rotterdam. Also i can tell you that a 32 year old man has been arrested near a medical centre. Many reports online centre. Many reports online indicating its the Erasmus Medical Centre where one of the shootings took place. The first attack as we pieced together these events that are coming to us from the netherlands , the us from the netherlands, the first attack took place at a nearby flat. Its unclear whether the two events are unked whether the two events are linked yet, but they are being reported together for whatever meaning that ha