Bill also works to lower the compliance burden on Financial Institutions, most of which are Community Banks, by establishing several tools to allow for more targeted sharing of b. S. A. , is bsaamlrelated information. Studies kes modest and waste ways to reduce the cost associated with researching and writing suspicious activity reports. The bill also creates a new privacy and Civil Liberties officer, as well as an innovation officer in each of the federal financial regulators. And importantly, the bill imposes new penalties on Financial Institutions and personnel that violate the law and creates a Whistleblower Program to encourage and protect those who identify such bad acts. R. 2513, as amended, has the strong support of Financial Institutions. It is also supported by n. G. O. s like the aflcio, global witness, oxfam america, friends of the earth, jubilee u. S. A. Network, and the Small Business majority, all of which are members of the transparency focus fact coalition. Its widely
The coal industrys wearing off on the Trump Administrations plan to appeal a plan to limit carbon emissions. The state is heavily dependent on coal mining. Global news powered by 2700 journalists and analysts in 120 countries. This is bloomberg. Julia live from bloomberg headquarters in new york, [laughter] julia sorry. Scarlet we are 30 minutes from the close of trading. Jay powell talked of deregulation. Joe whatd you miss . Scarlet lets move on to the headlines. We begin with the tax overhaul. The Budget Committee vowed to advance it. John joins us from a third ranking republican in the senate. And a positive picture of the u. S. Economy. For investors it was his take on regulating big banks that stole the spotlight. And the trade agreement was supposed to help jump start the economy but had the opposite effect. Whatd you miss . President trump will speak shortly from the white house. Well bring you the latest when that happens. A scramble to 50. We are trying to get to 50. We do ha
Probably muchs better than i am at getting everyones attention so we can do that again if need be. Thank all of you again for coming. It is a terrific turnout. You know, earlier i welcomed our cspan audience. I want to welcome them again. We are grateful cspan is here. Aim sure it has quite a bit to do with our next guest here. We are glad all of you are here. The chairman knows i do this because he has been here before. Illustriousn photography i could go on and on and on about it. We have it in the brochure. For those of you that are in the cspan audience, our brochure is on the website. Fcc chairmans bio in it. Just stayed what chairmanhere knows, pie served as a commissioner. How soon after the inauguration, was that two days later . A monday, january 23. Three days after. He was appointed by President Trump to be chair of the fcc. This, withouty is going to the offices you can read about. I think it is important. He has served in all three branches of government, spent a lot of ti
Cspan audience, and i want to welcome them again. We are grateful that cspan is here. Im sure it has quite a bit to do with our next guest here, chairman pai, but we are glad all of you are here. So in keeping, chairman pai knows that i do this because hes been here before. Hes got an illustrious biography. I could go on and on and on about it, but weve got it in the brochure. And for those of you that are in the cspan audience, our brochure is on the website, on the homepage of the website. Its got sec chairman ajit pai bio in it. So i commend that to you but i would just say, state what everyone here knows that chairman pai serve as a commissioner prior to assuming the chairmanship of the sec. How soon after the inauguration, was that two days later . It was on a monday, january 233. So about three days after. Three days he was appointed by President Trump to be chair of the fcc. What i will say about chairman pai is this, without going over each of the particular offices which you c
To welcome them again. Were grateful that cspan is here. Im sure it has quite a bit to do with our next guest here, chairman pai, but were glad all of you, all of you are here. So in keeping chairman pai knows that i do this because hes been here before. Hes got an illustrious biography, i could go on and on and on about it, but weve got it in the brochure, for those of you who are in the cspan audience, our brochure is on the website, on the home page of the website. Its got fcc chairman ajit pais bio in it. So i commend that to you, but you know, i would just say, to state what everyone here knows, that chairman pai served as a commissioner prior to assuming the chairmanship of the fcc. How soon after the inauguration, was that two days later . It was on a monday, january 23rd, so about three days after. About three days, he was appointed by President Trump to be chair of the fcc. You know, what i will say about chairman pai is this, without going over each of the particular offices