Comptroller of the currency, the Senate Banking Committee Received a 6month update on the state of Banking Systems, the impact of covid19 and support for Small Business owners in communities of color. This runs an hour and 45 minutes. Today we welcome to this virtually hearing the federal prudential regulators, Federal Reserve vice chairman Randal Quaries, office of the comptroller, brian brooks, chairman of yellen and mcwilliams, chairman of the National Credit administration rodney hood. We will receive testimony from each agency on efforts, activities, objectives and plans since we last testified before the committee. As well as an update on covid19 related actions. Since the passage of the coronavirus a relief and Economic Security act or cares act your agencies have taken many meaningful steps to ameliorate the Economic Impact of the pandemic as you provide conditions that will lead to a forceful recovery. On october 30th the Federal Reserve announced changes to its facility inclu
Continue to will investigate each and every instance of illegal voting. Double voting, phelan voting, people voting outofstate. Outofstate. I want to remind members of a few matters, some of them required by the regulations accompanying House Resolution 965, which established the framework for Remote Committee proceedings. First, members are reminded to on atheir video functions all times, even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves and to mute themselves after they have finished speaking. Staff have been instructed not to mute members except when a member is not being recognized and there is inadvertent background noise. Members are further reminded that they may only attend one remote hearing at a time. If you are participating today, please remain with us during the hearing. Members should try to avoid coming in and out of the hearings. Particularly during the questions. If during the hearing
Protests turned violent. Also saw some stronger than expected inflation data out of china, raising questions about whether they can continue their stimulus the dow is higher, nasdaq down about 0. 14 . Of course, record closes last week, hence a little bit of treading water today joining us for the full first hour of the show, nancy the eveningl tengler so whats your take today . The earnings season wasnt as bad as feared, right we seem to be moving towards a more cyclical bias we had overweighted cyclicals earlier this year. It was kind of painful for a while. But it looks like manufacturing is hooking up. Still some concerns about capex, which well talk about, and so were modishly bullish and continue to find places to put money, which is always the test, right . Were going to get some of those picks later on in the show nancy, year with us for the hours. Well focus in on the big stories that we are watching here today josh lipton has details of a brewing controversy including apples
Never be president christie. All that and forget about an iphone that bends. What new york city mayor de blasio is planning, what he wants to do with iphones . Its bent. Eric holder stepping down as attorney general of the United States. Many on the right welcome it, many on the left chagrinned about it, and time awasting for president to find a replacement for him. Keep in mind, the white house is extremely concerned if it doesnt move fast, it could be dealing with trying to get a replacement confirmed in a potentially republican senate. More on that later to. Charlie gasparino on wall streets rocky relationship with the ag. Charles payne on the relationship worse because of the ag. And fox biz allstars, jonas max blixt and veronica dagher. Guests for you first, handicap, all of the above . Interesting first, jamie dimon once referred to dealing with the holder d. O. J. Is like dealing with the mafia. They are relentless. Wall street would want anybody in except for him. I think Kamal
Never be president christie. All that and forget about an iphone that bends. What new york city mayor de blasio is planning, what he wants to do with iphones . Its bent. Eric holder stepping down as attorney general of the United States. Many on the right welcome it, many on the left chagrinned about it, and time awasting for president to find a replacement for him. Keep in mind, the white house is extremely concerned if it doesnt move fast, it could be dealing with trying to get a replacement confirmed in a potentially republican senate. More on that later to. Charlie gasparino on wall streets rocky relationship with the ag. Charles payne on the relationship worse because of the ag. And fox biz allstars, jonas max blixt and veronica dagher. Guests for you first, handicap, all of the above . Interesting first, jamie dimon once referred to dealing with the holder d. O. J. Is like dealing with the mafia. They are relentless. Wall street would want anybody in except for him. I think Kamal