Order. Today we will receive test her name from the honorable Federal Reserve vice chairman for supervision. The honorable with mcwilliams, chairman of the fdic, and the honorable ronnie hood, chairman of the ncua welcome to all of you. This hearing provides a committee an opportunity to examine current state of and recent activities related to regulatory and supervisory activities of these agencies. Its been over a year now since the enactment of s2155 the Economic Growth regulatory relief and Consumer Protection act and the work of the agencies to implement most of the law of provisions. Including the tailoring rules for u. S. Banks and u. S. Operations in foreign banks. Your agency should also carefully review the existing supervisory frameworks and make any necessary adjustments to appropriately and line them with the tailoring rules and requirements. Im july 30th, 2019 all of the republican Banking Committees and i sent a letter to the federal banking regulators urging your agency
Witnesses. Today the committee will hear from witnesses about the challenges that state stanksed businesses in the cannabis owners have when attempting to under the controlled substance act, its considered a schedule one drug. Being categorized as a schedule one means that the possession, distribution or sale of marijuana or other marijuana derived products is illegal under federal law and any proceeds from cannabis related activities remain subject to antiMoney Laundering laws. In the last several years many states have used valid initiatives or referendums that have legalized marijuana in some form, whether for recreational or medical use. Currently there are 11 states plus the district of columbia where it is legal to buy and consume recreational and medical marijuana adds well. And there are 22 states plus d. C. That have approvedmedcal marijuana totaling 33 states in all that have some form of Legal Marijuana. Senators gardner and merkley have introduced Bipartisan Legislation tha
President dont trouble a court ruled that the department of justice must give democrats a full copy of the report into russian meddling in the 2016 election. Plus in german sawka the bundesliga spheres this rivalry always in flames of passion the passions of football fans and on saturday afternoon its that time once again hold on to your seat when shall to take on dortmund the latest edition of the royal dog. Hundreds of thousands of people out on the streets across chile in the 7th day of mass antigovernment protests in the capital santiago more than half a 1000000 demonstrators have converged on the city center demanding Economic Reforms and the resignation of president Sebastian Pinera protesters also turned out in the poll. City of valparaiso where some tried to force their way on to the grounds of chiles congress at least 18 people have died in unrest across the country. For more lets go to santiago where correspondent John Bartlett is standing by john youve just come from the dem
Our site to dot com stay with us right now for the Financial News in because i report and karen will be with you in just under an hour to you the latest global news outlets. Max kaiser this is the kaiser report maximalist maximalist for max kaiser thats been obvious for years hey there might be some sounds hearing on the side walk thats just the clickety clack of laundry baskets here krypto springs in palm springs california the hottest crypto conference in the world it is indeed the hottest conference in big quine i want you to look at the marquee by the way i helped design this one were also toshi except for dot dot dot well we all know who that is but you know i want to turn to twitter because there was a viral little video clip that josh brown downtown josh brown posted to his twitter handle and he was so excited because he actually went viral had over 75000. 00 views this is the part i never want you to forget wall street was this close to selling you we work at 50000000000. 00 st
Max kaiser this is the kaiser report maximalist maximalist for max kaiser thats been obvious for years hey there might be some sounds hearing on the side walk thats just the clickety clack of laundry baskets here krypto springs in palm springs california the hottest crypto conference in the world. It is indeed the hottest conference in bake wine i want you to look at the marquee by the way i helped design this one were also toshi except for dot dot dot well we all know who that is but you know i want to turn to twitter because there was a viral little video clip that josh brown downtown josh brown posted to his twitter handle and he was so excited because he actually went viral had over 75000. 00 views this is the part i never want you to forget wall street was this close to selling you we work at 50000000000. 00 stop quacking like a duck and theyll stop throwing bread comes at you and heres the video clip this is the key thing to understand and to never forget wall street was this clo