From the honorable randal quarles, Federal Reserve vice chairman for supervision; the honorable jelena mcwilliams, chairman of the fdic; and the honorable rodney hood, chairman of the ncua. Welcome to all of you. This hearing provides the committee an opportunity to examine the current state of and recent activities related to the regulatory and supervisory activities of these agencies. It has been over a year now since the enactment of s. 2155, the Economic Growth, regulatory relief and Consumer Protection act, and the work of the agencies to implement most of the laws provisions, including the tailoring rules for u. S. Banks and u. S. Operations of foreign banks. Your agencies should also carefully review the existing supervisory frameworks and make any necessary adjustments to appropriately align them with the tailoring rules and requirements. On july 30, 2019, all of the Republican Banking Committee members and i sent a letter to the federal banking regulators urging your agencies
That, 10 00 eastern, nancy pelosi will try to upstage the president. He will hold a News Conference to announce who will manage the impeachment drive when the senate trial begins next week. There is some gamesmanship involved, the speakers announcement is time to upstage the big event of the day, the trade deal signing. Nancy pelosi wants to keep the focus on the president s troubles, not the president s triumph. The market opens half an hour from now, no fireworks expected, the Earnings Report from big banks largely solid, no big surprises. The dow is going to be down 70. The s p seven, nasdaq down maybe 11. The stock price of target premarket way down. Disappointing holiday sales, stock is down seven but please remember target stock is up 94 last year, almost doubled so even a minor slip is enough to pull it down and that is what we are seeing now. He will be a rock n roll liveaction show and wait until you hear what the democrats said at the debate and what the president said. We ha
Temperatures 32 to 41 at 7 00. Near 50 at noon. Same thing at 4 00. Theres some isolated showers are out there. Jobina . Good morning. We will be keeping an eye on that black ice for you. So far the chp has not put in reports of that. Were saying good morning to oakland now. One of our newer cameras out there. This is 880 near the coliseum. Nice and clear ride for everyone this morning. Happy to see it here. Moving over to the san mateo bridge, same story. I think people are sleeping in. Got the stomachs full. Im glad. Most people probably had a good thanksgiving. The roads are reflecting that. Drive times here, santa rosa to petaluma, 14 minutes. Castro valley to the maze, 13 minutes. 280 to highway 85, 11 minutes. Now to deloping news in San Francisco, several water main breaks sent water gushing down streets and impacting residents and businesses this holiday weekend. Lauren martinez is live at the scene with a look at the damage. Good morning. Good morning. Crews are repairing one
Near 50 with sun and clouds from noon to 4 00. Back to the low to mid 50s at 7 00. Watch out for a random shower this afternoon. Hi, jobina. Hi, mike. Happy friday, everyone. The roads are clear all over the bay area for you. You can see a couple cars moving across this morning and a live look at the bay bridge. Can you believe it . 6 01, looking great right now. Happy to see it. Also here, want to show you some drive times. Antioch to hercules, 26 minutes. Highway 4 to the maze, 13minutes. Highway 85 to the san jose airport, 7 minutes. San Francisco Water Department Crews are working to repair one of three water main breaks in the potrero hill neighborhood. Three homes were damaged from flooding when a 12inch main broke at the corner of 22nd and rhode island streets. The water is shut down in this area. There were also breaks found in a sixinch main at can sat akan california streets. Across town, a Water Line Leak also flooded streets in nob hill and jackson and mason streets. Offici
A top american climber killed, plunging to his death in mexico. What went wrong . The details this morning. Switched at birth. The woman who made National Headlines after a hospital swap when she was days old, what happened when she learned her parents were not her biological parents . Shes speaking out 26 years later. The questions that still haunt her. And theyre off. The black friday frenzy kicking into high gear nationwide. Shoppers lining up looking for those doorbuster deals. Our experts are here. The best bargains in stores and online with fewer days until this christmas. Will this year be a boom or bust . And good morning, america. Montell jordan, great way to start your friday. Every friday. Throwing it back. Good to be here on this black friday. Hope you had a wonderful thanksgiving. T. J. , how did the bird turn out . Perfect as always. I was running out of here to get to it yesterday because it was alone with my wife and thats a problem. Oh oh. Stop. Stop. Its national tv.