During three and half hour hearing. [background noises] clicks the committee will come to order without objection shares authorized to declare recess for the committee any time. The hearing todays entitled oversight of regulators. Without objection all members of five legislative days in which to submit extraneous materials to the chair for inclusion in the record. Just one additional comment members about the schedule. This has a hard stop at 2 00 p. M. And accommodation of the three regulars before us. We will not go past 2 00 p. M. Arachnids must sell for four minutes to give an Opening Statement we here to conduct oversight regulators there is plenty to discuss put forward a proposal that require robust debate and explanation. You are first up. We all know why you failed your employees your agency the fact have not yet resigned approves no responsibility for your actions showing up today is not an act of courage is an act of hubris. You are confronted with a report outlining appall
Senate banking, housing, and urban Affairs Committee will come to order. We hear testimony from three key regulators who see responsible for protecting your Banking System and make sure it serves all americans. The hearing comes one week after release the depended view on Sexual Harassment in workplace misconduct at the fdic. It may clear the fdic has serious longrunning problems. For far too long if leaders leaders failed to take action to protect its most valuable resource, that is its workers. The review details episodes of harassment, discrimination, and other misconduct that no one should ever have to endure, especially in the workplace and it could never be tolerated. Period. This committee and the American People, clear answers and decisive action. That includes your plan for restoring fdic culture and regaining the trust of your employees. The steps you will take to put misconduct, and discrimination and ensure victims are not silenced. And how youll ensure perpetrators are fin
Having the best it infrastructure is very important so thanks again to karen and team for working on the budget. Next in terms of june and Board Meeting, you may have noticed it seems we have ebb and flow of long and briefer meetings. The last meeting of the quarter is more packed with topics. The same will be true in june, so we apt there will be closed session items, quarterly performance review, likely changes to the its related to the approved new Strategic Asset allocation. On the administrative side, provide a update on strategic plan, election of president and vise president and might have policies to approve. A lot of big items to cover in june and wanted you to be aware that might be a longer meeting. With that, as you know, in the materials we always have the board calendar, the conferences and training and this quarters travel expense report. Open up to any questions. Any questions . Thank you. Public comment, please. Do we have inperson Public Comment on this item . Seeing
For our audience worldwide, this is bloomberg surveillance. Alongside tom keene and Lisa Abramowicz, im jonathan ferro. The s p is positive by 0. 2 . It felt like we were on the brink of a full Ground Invasion all we can. Tom im using the Live Services of all the different news sites and it just migrates forward, waiting. Waiting for what . You could see the politicians. I think the most interesting, jacking near to keep their options open. Jonathan we intended to follow this war through the weekend. Rockets fired at tel aviv and some in israel as well. Back channel talks between the United States and iran. Lisa there is a feeling of a frantic diplomatic relation, the idea of iran, who does not have any formal relation with the u. S. Having back channel talks, also having back channel talks in some capacity with israel. Nobody wants this to percolate out of control. And yet the pressure keeps building and no one can come to any resolution at a time where there are hostages, strikes and
Francine it is the Worlds Largest listed hedge fund manager, and after 240 years in existence, man group has a woman in charge for the very first time. Robyn grew was promoted from president to chief executive last september. The high point of a 15year career at the firm. The former barrister entered the world of finance three decades ago and never left. Robyn the speed of change, the impact, the global nature, the challenge of it just never stopped getting more and more infectious for me. Francine in this episode of leaders with lacqua, i speak to robyn grew about diversity, purpose, and what the future holds in an everchanging world. Robyn grew, thank you so much for joining us on leaders. The world is a bit strange. There are so many polycrises, or whatever you want to call it. It is just difficult to get a handle of what comes next. Robyn yes, yes, that would be the shortest answer i could ever give, yes. It is difficult. I think that if this year has taught us anything, it is that