Well, theres been about five decades of votes have mostly repeat that most of us getting for a textbook until now. Finally we have got a book. We been waiting five decades for this because all of the books this one goes back and looks at the cases. The author, no introduction can do it justice, but i have to say a couple things. He wrote a book in 1968 called the future of conservatives and were the fourth defending final chapter was the rise of reagan, two years into his first term as governor, 12 years away from being president. Hes been ahead of the curve for a very long time and continues to be so. He interviewed one of maccarthy suspects indicating as a reporter in the 50s. I got to do a little piece of this. They manage to get one of the files on the part the suspect from fbi and was wheeled out in a shopping cart. These and gentlemen, its hard to forget anybody wheeled in a shopping cart. That is a visual that stays with you. He is a College Curriculum as it should be rolled up
Runway and crashing into a set. A young son on board. A quick thinking air Traffic Controller may have prevented something even worse. And great white quest the most feared in abcs thunder, nbcs Kerry Sanders is setting off to find one in the wild today. Today, thundershowers may 28 2015. Nouce this is today with matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. And good morning, on a thursday morning, apparently at this table. In search of those wonderful creatures. We will watch in this case. Get to that in a couple of minutes. Lets start with our top story this morning. Problems with storm after storm in texas, rivers ridesing in houston and dallas. Some neighborhoods are being told to evacuate. There was a tornado outbreak. Nbcs Gabe Gutierrez is in hard hit wimberley, texas. Good morning to you. Reporter matt good morning. The death stole now to 23. Rivers are swollen. Severe thunderstorms are expected in parts of the state. All this as we are hearing more
A pilot arrested after crashing into a shed. His young son on board. How quickthinking air Traffic Controllers may have been prevented something even worse. And great white quest. Its the oceans most feared predator, and nbcs Kerry Sanders is setting off on a live journey to find one in the wild today. Thursday, may 28th, 2015. Announcer from nbc news, this is today with matt lauer and Savannah Guthrie live from studio 1a in rockefeller plaza. And good morning, everyone. Welcome to today on a thursday morning, live dive with sharks. Apparently no volunteers at this table. Thats why we have Kerry Sanders. Hes going to go in search of those wonderful creatures. Were going to watch it. Exactly right. Get to that in a couple minutes. Lets start with our top story this morning. Problems from storm after storm, now mounting in texas. Rivers rising near houston and dallas. Some neighborhoods are being told to evacuate. And to top things off, there was a tornado outbreak. Our Gabe Gutierrez is
Ceos from the countries six largest banks, including jane fraser of citigroup and Brian Moynihan from bank of america, testified before the House Financial Services committee on regulatory and oversight matters in the Banking Industry. They addressed several issues including the influence of chinese banks and the impacts of the pandemic. This is part one of a threepart hearing. This first portion of the hearing is two hours. The committee will come to order. Without objection the chair is authorized to declare a recess of the committee at any time. This hearing is entitled Holding Megabanks Accountable oversight of americas Largest Consumer facing banks. I now recognize myself for four minutes to give an opening statement. Testifying before us today we have the ceos of the seven largest u. S. Commercial banksre that each serve millions of consumers. As chairwoman of this committee i have t prioritized conducting rigorous oversight over our nations largest banks and their activities. La
Potentially imperil lending, a slowdown are lending and other things from a competitive standpoint to cover the cost of additional capital. We continue to have a very simple business model. Although we are larger than we were a few years ago, the capital levels since 2007 are three times what they were at that time. Weve a Strong Capital rating reflected in a high debt rating. Additional capital will increase the cost of debt. We spoke yesterday about additional requirements for regulatory capital and liquidity standards and the impact it would have on the marketplace. Can you speak to that . Doddfrank accomplished a lot of what needed to be accomplished. Lehman brothers did not happen again. Having said that as often happens things went a bit too far. It is not just capital, liquidity requirements, those do restrict lending, raise the cost of lending, damage markets a little bit, reduce mortgage lending across some of our banks. We need to spend more time recalibrating across the whol