Expected treasury secretary nominee janet yellen. Americans expectations for the future even grimmer. With no fresh round of stimulus and covid cases surging, many people are not feeling so optimistic as we head into the holidays. One Positive Side of the economy is housing. Joe it was one of the early strong parts of the economy this summer and continues to show incredible momentum. The speed of Housing Price growth through multiple measures. Month over month, i think that is the fastest pace of home price growth ever. Sincet sequential growth 2013. I dont even know if that is a good thing. If you own a home, i guess that is good. If you are looking to buy a home, not great. Caroline there is always the haves and havenots in any story. Consumer confidence, we know that the u. S. Economy is determined by the strength of our desire to spend here. Consumer confidence was not looking so pretty. We had dana talking about the worry that there is in peoples minds, that they do not see the ma
Question, we will move to the next senator until resolved. I remind all senators that the five minute clock still aflies. You should have a box on your screen labeled clock that shows how much time is on your screen labeled clock that shows how much time is remaining. But we have had some troubles, and i have had senators who cant find that box or dont see it. And so, in fact, last hearing one of the senators ask me again to get a reminder, i will do that at this time for everybody. So at 30 seconds left on your clock, there will be a tone, a bell ring, to remind senators and the witnesses that their time has almost expired. At the end of the five minutes, a bill will ring. That way we can all know how the clock is working, even though we dont find it on our screens. Today we will receive testimony from the security and Exchange Commission chairman jay clayton, regarding the work and agenda of the sec. I thank you chair clayton for your appearance before the committee today, which is e
And you may begin your comments. You may address the board once per agenda item for up to two minutes. Item number 1, call to order. Director tsen. Director tsen, youre muted. Here. Clerk director dunlop. Here. Clerk director richardson. Here. Clerk director kwon. Here. Clerk director shifrin. Here. Clerk supervisor haney. We do have a quorum. Good. Thank you. Thank you, directors, for joining us. I know sometimes its technical difficulties with this technology. But i hope that well be able to get through the agenda quickly and efficiently. Thank you all for being here. The last Board Meeting was in october. And what a difference a month makes. Now that were in november. We have a new president elect. So it is, i hope okay. So lets go forward with the first item. Clerk item number 2, general Public Comment. This item is to allow members of the public to address the Treasure Island Development Authority board on matters that are within the subject matter jurisdiction of the Authority Bo
The foretwoity was an intent. I think thats something that we should all explore. Thank you. I have worked on legislation. Its a little late in this session under your tenure that would create guardrails and prevent these kinds of failures and abuses. I think your comments were appropriate. We allow companies to still do they have to provide Real Transparency which they dont always. Have to reward workers not just shareholders. Senator brown ill close with a statement. We saw earlier this year the pandemic crashing our families, hospitals, and the economy. How the market seized the up. The s. E. C. s recent report on interconnectedness in the market offers insights but no real policy recommendations. I know that you and vice chair and represent duty pute secretary money market reforms were not good enough. It is clear your successor, the next banking regulators will need to reduce risk from interconnectedness and excessive leverage. The economy may in the future will depend on it. Than
National Defense Authorization act, and a measure ealing with the boeing max 737 crashes. Requested votes will take place after 6 00 p. M. Eastern. Live coverage of the house here on cspan. The speaker pro tempore the house will be in order. The prayer will be offered by chaplain father conroy. Chaplain conroy let us pray. Loving and gracious lord of mercy, we give you thanks for giving us another day. In this single week, after a Long Campaign season and before breaking once again for thanksgiving, bless the members of the peoples house with focus and purpose on the issues facing them. We ask your blessing as well on those newly elected who will be joining this assembly for the 117th congress. May their transition into office be smooth and marked by the civility of Democratic Change of government which is the rightful pride of the United States of america. Lord, our nation continues to be besieged by the plague of the coronavirus. Send your spirit of peace that our people might be bro