The committee on tanking will come to order. We apologize for the delays this morning. Well like to start a hearing late. Sympathy have to so thank you for joining us. Its good to see all of you. You have been around this committee before worked here before soar welcomed olivia. This hearing is a hybrid format and their witnesses are in person. Witnesses have the option to appear in person or virtually. The dignity of work is a concept that the 13 spoke of in the late 19th and early 20th centuries and a concept authorized by dr. King. When work is dignity you can support yourself and your family and your future. We on the whats happened over the last four decades. Corporate profits have gone up the stock market has soared and executive compensation has exploded. Wages haveio not kept up with te cost of living. Millions of workers with fulltime jobs who aspire to the middle class can join at no matter how hard they work and people who make it in middleclass dont feel much stability. Wor
The Consumer Financial Protection Bureau announced Tuesday that Bank of America faces some major financial penalties over accusations the bank illegally opened bank accounts and improperly charged junk fees.