In the Banking Industry. This portion of the hearing is one hour and 25 minutes. [inaudible conversations] [inaudible conversations] the committee will come to order. The gentleman from missouri mr. Luetkemeyer is now recognize for five minutes. Thank you, madam chair. Welcome back to our witnesses. I would like to focus on a larger issue today that the facts ever u. S. Consumer and consumes all over the world, which is heavy investment in volatile and unfriendly countries such as russia and china. Ms. Frazier, mr. Dimon, after moynihan each either banks have significant investment in russia which you drew down after putins invasion of ukraine. While american sanctioned what impetus for those actions it should be said you did the right thing by shrinking or assets there. We learned to make important lessons. Number one, there was a largenc risk investing in volatile nations with dictatorial governments. And a vertigo investments place difficult role in supporting those nations economie
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