Bringing housing and affairs will come to order. Thank you from our eight witnesses today. Senator, thank you for your work on this. The eight bank ceos appearing before us today lead the biggest global systemically important banks of the United States of america, your banks hold nearly 15 trillion in assets, manage trillions of dollars of investments and retirement accounts, fund the Biggest Companies in our country. You hold nearly half the nations deposits, more than 80 trillion in client assets, your banks touch almost every aspect of our Financial System and working americans money, even if they are not your customers. All of that makes you eight of the most powerful people in the country, the banks iran are so large, so complex, so interconnected, that their distress or failure could pose a threat to the entire global Financial System. You may be private companies, but the risks you take and the mistakes you make dont just affect you, they dont even just affect your customers, no
A front row seat to democracy. Good morning everyone. We will come to order. And i want to thank the witnesses for attending today. I want to thank my colleague, senator johnson, for participating in the invitation to you, and the collaborative approach to this hearing and our inquiry. And to all of our staff for their hard work on the memorandum that we have distributed with documents which i will put into the record without objection. Todays hearing is about much more than the game of golf, it is about how brutal, reclusive regime can buy influence and even take over a cherished american institution. To cleanse its public image. It is a regime that has reportedly killed journalist, jailed and tortured dissidents, fostered the war in yemen and supported other terrorist activities, including the nine 9 11 attack on our nation. Today is about sports but also about hypocrisy, how fast sounds of money can induce individuals and institutions to betray their own values and supporters or per
Good morning everyone. We will come to order. And i want to thank the witnesses for attending today. I want to thank my colleague, senator johnson, for participating in the invitation to you, and the collaborative approach to this hearing and our inquiry. And to all of our staff for their hard work on the memorandum that we have distributed with documents which i will put into the record without objection. Todays hearing is about much more than the game of golf, it is about how brutal, reclusive regime can buy influence and even take over a cherished american institution. To cleanse its public image. It is a regime that has reportedly killed journalist, jailed and tortured dissidents, fostered the war in yemen and supported other terrorist activities, including the nine 9 11 attack on our nation. Today is about sports but also about hypocrisy, how fast sounds of money can induce individuals and institutions to betray their own values and supporters or perhaps reveal a lack of values fr
Out of her own wallets to pay for it. Its interesting we will break away from this program, you can watch all of our programs at cspan dot org. As we take you live to a hearing with pga tour executives, ron price and jimmy done. Testifying on the Controversial Partnership with saudi liv golf. We bring you live coverage here on cspan 3. We will come to order. I want to thank the witnesses for attending today. I want to thank my colleague, senator johnson, and participating in the invitation. And the collaborative approach to this hearing and our inquiry. And to all of our staff for their hard work on the memorandum that weve distributed with documents which i will put into the record without objection. Todays hearing is about much more than the game of golf, it is about how a brutal, repressive versus jim can take a cherished american institution. To cleanse its public image. The regime has reportedly killed journalists, jailed and tortured dissidents, fostered the war in yemen, and sup
Goldman sachs, wells fargo. Senate Banking Committee oversight hearing is about 3 hours. Senator scott, thank you for your work on this. The eight bank ceos appearing before us today lead the biggest global systematic banks in the United States of america. Your banks hold nearly 15 trillion in assets, manage trillions of dollars of investments and retirement accounts, fund the Biggest Companies in the country. You hold nearly half of the nations deposits, more than 80 trillion in client assets. Your banks touch almost every aspect of our Financial System in workingamericans money even if they are not your customers. You may be private companies but the mistakes you make dont just affect you, they dont even affect just your shareholders or just your workers, the mistakes you make affect the whole economy and as we remember from 2008, 2009 they can certainly affect american taxpayers. That amount of enormous power should also come with enormous responsibility. We finally have financial w