Order. Senator whitehouse is on his way and is okay starting with senator klobuchar. The purpose of the hearing is explore the distinct roles of congress and the executive branch respect to conducting investigations and discuss best practices. We have an incredible panel here who have been down this road many times. Criminal investigations are designed to find out if a crime was committed and hold somebody upon. Congress has a broader mandate. Were not prosecutors but our goal is to shed light on information that may be lie significant but not necessarily criminal, a just policy is needed, change laws when appropriate, but in a particular circumstance, find out what happened, not as a prosecutor but as a policymaker. The power of congress. Mr. Rosenberg, one of the leading experts on congressional oversight, said in the absence of a countervailing constitutional privilege or selfimposed statutory restriction upon its Authority Congress and hit commit years have the power to compel prod
Or deadly serious as they implicate the president s fitness to perform the duties of his office. In the meantime the subcommittee is doing its job. If the function of congress is to be preferred even to its legislative function. From senator trumans investigation of the defense contractors to the Army Mccarthy hearings to the watergate hearings, the senate function has always been important even if sometimes imperfect. To proceed in parallel without harm to either. We are pleased to have experts in the area shed light to their study and experience. One particular issue is the still undisclosed tax returns of donald trump and the separate means for criminal investigations and congressional investigations to gain access to such materials. The bottom line is this. While it would be wrong for the Senate Investigations to peer over the shoulders of the investigations and look at the content of the files, there is nothing wrong with both investigations looking at the same evidence acquired s
Thank you all. We will bring the hearing to order. Senator whitehouse is on his way and i have been told he is ok with starting. The purpose of this hearing is to explore the distinct roles of congress in the executive branch with respect to discussing best practices. We have an incredible panel who manybeen down this road times. Criminal investigations are designed to find out if a crime was committed and hold somebody responsible. Congress has a broad mandate. We are not prosecutors but our goal is to shine a light on something that may be highly significant, but not necessarily criminal. It in a particular circumstance we can find out what happened, not as a prosecutor but as a policy maker. Congress, mr. Rosenberg said, in the absence ora countervailing privilege a selfimposed restriction on its authority, congress and its committees have a power needed to discharge legislative functions. Bounded by the respect for the criminal process. So, were trying to find out where that Bounda
That has carried over. Julie that has happened in the wake of north korea comments from President Trump. Lower, and the selling continues into today. It is the worst twoday drop, going back to early july. Nevertheless, we have not seen downward movement of any real substance over the past month or so, so seeing some selling going on today. The selling is also being contributed to by weaker than estimated earnings, which we will get to in a moment. If you look at the size of the moves, we are seeing smaller ones. We have been showing a number of different charts today to illustrate this. Last time there was at least a 1 gain at the close was back in april. Last time we saw at least a 1 decline at the close was in may. It has been a while since we have had big up or down moves, at least by the close. Volatilityk continues, and we are seeing big declines on the earnings front. Priceline down the most in the s p 500, off by 8 after the Online Travel giant came out with a forecast for the t
That has carried over. Julie that has happened in the wake of north korea comments from President Trump. Lower, and the selling continues into today. It is the worst twoday drop, going back to early july. Nevertheless, we have not seen downward movement of any real substance over the past month or so, so seeing some selling going on today. The selling is also being contributed to by weaker than estimated earnings, which we will get to in a moment. If you look at the size of the moves, we are seeing smaller ones. We have been showing a number of different charts today to illustrate this. Last time there was at least a 1 gain at the close was back in april. Last time we saw at least a 1 decline at the close was in may. It has been a while since we have had big up or down moves, at least by the close. Volatilityk continues, and we are seeing big declines on the earnings front. Priceline down the most in the s p 500, off by 8 after the Online Travel giant came out with a forecast for the t