From the honorable randal quarles, Federal Reserve vice chairman for supervision; the honorable jelena mcwilliams, chairman of the fdic; and the honorable rodney hood, chairman of the ncua. Welcome to all of you. This hearing provides the committee an opportunity to examine the current state of and recent activities related to the regulatory and supervisory activities of these agencies. It has been over a year now since the enactment of s. 2155, the Economic Growth, regulatory relief and Consumer Protection act, and the work of the agencies to implement most of the laws provisions, including the tailoring rules for u. S. Banks and u. S. Operations of foreign banks. Your agencies should also carefully review the existing supervisory frameworks and make any necessary adjustments to appropriately align them with the tailoring rules and requirements. On july 30, 2019, all of the Republican Banking Committee members and i sent a letter to the federal banking regulators urging your agencies
President trump, live, unfiltered coverage, on cspan 2, on demand at cspan. Org impeachment. Listen with the free cspan radio app. Next, testimony from financial regulators on oversight and other issues, including Digital Currency, banking liquidity rules and the impact Climate Change could have on the financial industry. Held by the Senate Banking committee, this is an hour and 40 minutes. The committee will come to order. Today, we will receive testimony from the honorable randall quarrels, the honorable mcwilliams, chairman of the fdic and the honorable rodney hood, chairman of the ncua. Welcome to all of you. This hearing provides the committee of supervisory activities of these agencies. Its been over a year now since the Economic Growth regulatory relief and Consumer Protection act and the work of the agencies to implement most of the provisions, including the tailoring rules for u. S. Banks and foreign banks. Your agency should also carefully review the supervisory frameworks an
A u. S. Air strike killing an Iranian Military leader in baghdad causing oil prices to spike this morning stocks dropping. Eamon javers has the latest on that from washington reporter good morning, jon now getting red siran and aroun wormd. The supreme leaders saying harsh vengeance awaits criminals behind the killing of Qassem Soleimani, that was outside the baghdad airport. In france, president macron says he discussed the situation with russian president Vladimir Putin and state department in washington, jon, saying that secretary of state mike pompeo is speaking with a number of World Leaders this morning, briefing them on the situation, including a statement suggesting he has been speaking with high ranking Pakistani Military officials. For his part, the president of the United States offered his explanation for justification for the attack on twitter, also kept a relatively muted presence on twitter you see his statement, explaining that Qassem Soleimani got caught planning addit
In the United States, called two of the worst schemes of the decade. Here is more from the justice department. Good morning. Thank you for being here. We are here to identify and announced charges against a Russian National who the department of justice alleges is responsible for two of the worst computer hacking and Bank Fraud Schemes of the last decade. The charges we are announcing are merely allegations and each of the defendants is presumed innocent until Proven Guilty in a court of law. Moscow has been indicted in pittsburgh, pennsylvania for his alleged draw all as the leader of a cyber criminal gang responsible for the distribution of a multifunction malware package. It was designed to automate the theft of confidential personal information and Financial Information such as Online Banking credentials from infected computers. Later versions of the malware were designed with the added function of assisting in the installation of ransomware. Over the past decade, the malware facil
In one of the largest cases of cyber theft. And what happens to indigenous villagers in indonesia when Palm Oil Plantations take over . Live from our studios in singapore and london, this is bbc world news. Its newsday. Good morning. Its 8am in singapore, midnight in london and 7pm in washington, as donald trump is set to become only the third president in us history to face an impeachment trial in congress. The democrats have said they will start drafting what are called articles of impeachment, accusing the president of abusing his powers for personal gain. There are major obstacles ahead but its a significant moment in a troubled presidency. Nick bryant reports from washington. On capitol hill today, the battle lines started being marked out for an epic political fight. A process likely now to lead to the trial of donald trump, a constitutional spectacle seen only twice before in the turbulent history of america. The Democratic House speaker, nancy pelosi, is now ready to move forwa