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CSPAN2 Rep July 4, 2024

About the collapse of silicon bank west church of the largest Bank Failures in u. S. History. Congressman mchenry discussed the role the Federal Reserve and the Deposit Insurance Corporation Bank Regulation of Risk Management. This event as hope and by the brookings institution. Kground noises] [background noises] good morning everybody. Im director on fiscal and Monetary Policy and be half the hutch and Center Center on me you to this event both the people in the room and the people watching remotely. Our subject today is what lessons we have learned from the really interesting efforts of march 2023. A year ago the glol Financial System suffered the most significant banking stress since the Global Financial crisis of 2007 and eight. As you all probably know if event Silicon Valley bank failed prompt and the fdic to take it over the middle of the dayay could not even make d it to the weekend which is as a one off event. Silicon valley was certainly for lack of a better term unusual. Th

CSPAN3 Failed July 6, 2024

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

CSPAN2 Capitol Hill Hearings September 13, 2013

To how you will address these persons and their homeownership that has been acquired . Bootup and the unsophisticated borrowers . Im talking about those that happen to have high networks. Okay. High net worth lows. Yes, sir. It generally is an area of great concern. The jumbo loans are being offered now in the market, surprisingly, and i think borrowers generally take care of themselves and we have no problem with any that im aware of. Is there a requirement for counseling High Net Worth . I am not familiar with that. Thank you. The time of the german has expired and we recognize the gentleman from wisconsin. Thank you, director chairman and i want to focus on the data that we have touched on a little bit today. I want to give you an opportunity on how Many Americans we are collecting Financial Data from. How Many Americans they are collecting Financial Data on. I want to answer several different times. Okay. It is not the way to the question seems to ask. You have a number . Okay, we

GRA confiscates over 12,000 cartons of non-tax stamp carbonated drinks

GRA confiscates over 12,000 cartons of non-tax stamp carbonated drinks
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