Segregated away from the banks own resources . For the benefit of my colleagues, i suspect on any given day were talking a couple hundred 200 million oh, big numbers here. 200 billion in resources on any given day. Cue enlighten us a little on that, chair, please . Well, the leverage yashratio was meant to be a nonriskbased measure that are carried on a banks Balance Sheet and that includes derivative transactions. Its not clear for many kpdz the leverage ratio is whats minding riskbased capital standards in many cases, but this is something were having a look at. I recognize its a concern. Its something the Basel Committee is discussing and trying to gather Additional Information on what impact its having. And it is something that is very useful to put on the agenda that we will have a close look at. Thats all i can ask, chair, that you work with our friends at cftc and foreign regular later friends to come up with an approach. 200 billion that cant be touched by the banks but yet you
Energy anymore. That process took place pretty quickly after the giant impact. Very small fraction of the age of the solar system. That must have all been a long time ago. Its not contributing to the Energy Budget currently. Well take three questions. One question as only so we can get through media. Well go to the phone lines take a couple questions from social media and come back here. Cliff mcmurray im one of the people in the room that can remember when the first pictures came back from mariner 4. At the time you could hear the balloons popping the atmosphere is thinner that i thought it was. Tonight i hear excitement but i dont hear balloons popping. It seems plutow is kind of the world that we thought it would be. Im completely surprised. I would disagree with the assertion. In my case, i certainly didnt expect charon to show nearly the degree of different terrains and variety or the surface that it does show. Thats a complete surprise. Thats a balloon popping. In addition, i thi
And of course there are a lot of things we need to do. Make sure we finally the Women Equal Pay for equal work. [speaking in native tongue] and i am going to say this is not just a womens issue. This is a family economic issue. If people are not being paid fairly that hurts everybody, the Small Business that does not get enough customers because people cannot afford with there selling. I mean that is a growth strategys. A growth strategy. The more we equalize what people are paid according to there own effort the better off we we will be. Our longterm strategy we must make investments that we will grow our economy and research and investment, infrastructure. It is beyond my understanding that we are having a partisana partisan battle in congress. We are in a global competition. Other countries are investing in there infrastructure command i do not mean the physical infrastructure come as important as that is the more roads and airports and bridges. I mean our virtual infrastructure. We
[inaudible conversations] this hearing of the subcommittee is called to order. We have a vote scheduled for 3 00 which is troublesome. Well see how this goes as far south we have a circumstance when it arises. I would like to thank todays witnesses for participating in this important hearing regarding International Soccer governance. Im not one who generally thinks congress should investigate every scandal in the world of professional sports. Nor do i believe the topic we are discussing today will lead to legislation that must be enacted. But as chairman of this subcommittee with jurisdiction over professional sports, i do believe this is a critical issue that deserves the publics attention. By shining a light on the corruption bribery and other criminal activity that has been a part of International Soccer for far too long, my hope is that the American People current and future sponsors, and Media Companies that support the game today will better understand the consequences of allowin