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
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
In federal farm offering this is about three hours. Good morning. The subcommittee on commodities, Risk Management and trade will come to order. Welcome to all of our witnesses. Senator hyde smith thank you to you and your staff working together with us to organize this hearing today. Chair stabenow and i believe Ranking Member boozman will be with us shortly but it would to thank them for joining us many thanks to the full Committee Staff for all of your help and support with this hearing. Thank you to everyone for attending. This morning is going to be a twopart hearing. Today was on the farm bill, the products title. On thursday will take on title v. The credit title in title 11 the Crop Insurance title. February the full committee the full Senate Committee heard from usda officials their family views of Risk Management and credit. Today we have the opportunity to hear directly from farmers, producers, stakeholder groups that work with farm Safety Net Programs every day. Hearing fro
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
Democracy doesnt just this. Looks like this. Americans consume democracy at work and citizens are truly enforce public thrive. Get informed, straight from the slopes. Unfiltered, unbiased word for word. The nations capitol to wherever you are to get the opinion that matters the most is your own. This is what democracy looks like. Cspan powered by cable. Next groups representing farmers testify on Crop Insurance and other federal Safety Net Programs also discuss changes they would like to see in federal farm offering this is about three hours. Good morning. The subcommittee on commodities, Risk Management and trade will come to order. Welcome to all of our witnesses. Senator hyde smith thank you to you and your staff working together with us to organize this hearing today. Chair stabenow and i believe Ranking Member boozman will be with us shortly but it would to thank them for joining us many thanks to the full Committee Staff for all of your help and support with this hearing. Thank y