This is just under an hour. [applause] what do you all think about the white leather . Is this a good look . Thank you all for joining us on evening of active democratic voting and significant raining. This event marks the oneYear Anniversary of the 12th installment of the series on leadership. The purpose of this leadership is to call of the series is to call on leaders from national politics, education, and advocacy to grapple with the questions that allow some people to enable a true leadership. What enables some of us to struggle to overcome the obstacles and unite the diverse interests that are part of any dynamic and true democracy . Towe are extremely fortunate be having our first Year Anniversary with three legislators who live of this question every single day. I should note we are very proud to name this series in honor of the Extraordinary Service of bob and elizabeth dole. Both are proud partisans in the truest sense. They have overcome a lot of real adversity and shown the
Is this a good look . Thank you all for joining us on an evening of active democratic voting and significant raining. This event marks the oneyear anniversary of the 12th installment of the bob and Elizabeth Dole series on leadership. Some of you know that the purpose of this is to the series as to call on leaders from National Politics from arts and education and grapple with the question of the characteristics and circumstances that allow some people to leadership and what allow some of us to struggle to overcome the obstacles and the diverse interests that are part of any dynamic and true democracy. We are extremely fortunate to have our firstthat live this question every day. We are very proud to name the series in honor of the Extraordinary Service of bob and olivia stole. Elizabeth dole. Showing the confidence and creativity to signify differences as you note as we enter the discussion that when senator dole joined others to help found there were a few ideas and animated the ambi
This after moodys cut Credit Ratings on 10 small and midsize banks yesterday, sparking fears over a potential slowdown in the banking sector. The Congressional Budget Office estimating the deficit will top 1. 6 trillion in the first 10 months of the fiscal year. Were watching Second Quarter earnings as well. Disney is going to be reporting after the bell today. The stock is up going into the numbers. Almost 1 . European markets also in the green this morning, take a look at you eurozone, the dax is hir by 182. Asia overnight a mixed story, chinas Consumer Price index down in july for the first time in two years, shanghai composite down one half of 1 , kospi index up 1 and a quarter percent. The 2024 race taking shape, another gop hopeful taking the debate stage. President trump remains in the lead as a majority of americans think is charges are a distraction from the growing evidence of biden family corruption. Calls for an impeachment inquiry into joe biden getting louder on capitol h
Order. The joint subcommittee hearing is titled concern continued oversight on Regional Bank failures. Without objection, all members will have five legislative days to submit extraneous materials to the chair for inclusion in the record. Without objection, the chair is authorized to declare a recess of the committee at any time. With that, i now recognize myself for four minutes. Todays hearing will help the Financial Services committee learn more about recent Bank Failures, including management missteps, supervisory failures, and rapid fire bank runs in the age of social media. I think our witnesses for testifying today. The recent banking crisis was fueled by failed Bank Management, lack of hedges against Interest Rate risks, failed military policy, failed supervision, and overspending by the administration and democrats that led to historic inflation, prompting increased Monetary Policy action. Today, we will hear about what went wrong from the Bank Management themselves in state r
Is titled concern continued oversight on Regional Bank failures. Without objection, all members will have five legislative days to submit extraneous materials to the chair for inclusion in the record. Without objection, the chair is authorized to declare a recess of the committee at any time. With that, i now recognize myself for four minutes. Todays hearing will help the Financial Services committee learn more about recent Bank Failures, including management missteps, supervisory failures, and rapid fire bank runs in the age of social media. I think our witnesses for testifying today. The recent banking crisis was fueled by failed Bank Management, lack of hedges against Interest Rate risks, failed military policy, failed supervision, and overspending by the administration and democrats that led to historic inflation, prompting increased Monetary Policy action. Today, we will hear about what went wrong from the Bank Management themselves in state regulators. This is important, as the c