A big cornwells fought on the answers with some stacy in the root cause a report up next that neil harvey is on his way to be sure to bring the morning news updates next hour join us again that. Time max keiser this is the report i salim accessed a standard Telegram Group where there are 24 hours a day just talking to people. And me forwards arent spell. And do it this way weve got about 8000 in there now going to be blindly as party on planet earth so stacey remind me again whats happening in the world rides well the big news in the past week is at the end of last week a video was released of a conversation between the former bank of england had mark carney now interviewing people for the council on Foreign Relations so a very powerful organization in america and larry fink who is the c. E. O. Of blackrock the largest Asset Management firm in the world they have 7 trillion dollars under management so you know larry fink is like an untouchable right like hes probably more powerful than
You should have a box on your screen that shows how much time is remaining. Some trouble and ive had senators tell me they just cant find that box or they dont see it. Last hearing one of the senators asked me to give them a reminder. I will do that this time for everybody. So at 30 seconds left on your clock, there will be a tone, a bell ring to remind senators and witnesses that their time is a most expired, then at the end of five minutes, another bell will ring. That way we can all know how the clock is working even though we dont find it on our screens. Today we will receive testimony from the securities and Exchange Commission chairman jay clayton regarding the work and the. Genda of the sec thank you for your appearance before the committee today which is essential to our oversight of the sec. And welcome. You last appeared before this committee in december of last year. The covid19 pandemic hit the United States shortly after that hearing and thesec has taken many important ste
Outperforming small stocks, underperforming tech stocks. We are negative on the bond market yields. Brent crude is up. Pfizer concluding they have covid19 vaccine candidate. If you heard the interview, you have the stats. Whats your take on the viability of the vaccine . This looks very exciting. I believe we will get an emergency use authorization than i hope we can start vaccinating sometime in december. Health care workers will likely go first. Moredown the road, people seriously affected like those 65 and older then months later, the general population. The modernact vaccine will be soon. We need all the help we can get. In terms of the effect that im going to get if i take the vaccine, is this something i will have to do on an annual basis or twice per year . What kind of response is my body going to generate that will protect me in the long term . Guest thats a longterm question. Get the vaccine into people first then we can follow them closely to determine whether we have to be
Question, we will move to the next senator until resolved. I remind all senators that the five minute clock still aflies. You should have a box on your screen labeled clock that shows how much time is on your screen labeled clock that shows how much time is remaining. But we have had some troubles, and i have had senators who cant find that box or dont see it. And so, in fact, last hearing one of the senators ask me again to get a reminder, i will do that at this time for everybody. So at 30 seconds left on your clock, there will be a tone, a bell ring, to remind senators and the witnesses that their time has almost expired. At the end of the five minutes, a bill will ring. That way we can all know how the clock is working, even though we dont find it on our screens. Today we will receive testimony from the security and Exchange Commission chairman jay clayton, regarding the work and agenda of the sec. I thank you chair clayton for your appearance before the committee today, which is e
The foretwoity was an intent. I think thats something that we should all explore. Thank you. I have worked on legislation. Its a little late in this session under your tenure that would create guardrails and prevent these kinds of failures and abuses. I think your comments were appropriate. We allow companies to still do they have to provide Real Transparency which they dont always. Have to reward workers not just shareholders. Senator brown ill close with a statement. We saw earlier this year the pandemic crashing our families, hospitals, and the economy. How the market seized the up. The s. E. C. s recent report on interconnectedness in the market offers insights but no real policy recommendations. I know that you and vice chair and represent duty pute secretary money market reforms were not good enough. It is clear your successor, the next banking regulators will need to reduce risk from interconnectedness and excessive leverage. The economy may in the future will depend on it. Than