Minute, as a matter of fact. Good afternoon and welcome to the National Press club. The place where news happens. Im mark, chair of the board of governors, and Senior Reporter for investment news. Thank you all for joining us, both here in person and online, for our headliner event with s. E. C. Chair gary gensler. We are happy to accept your questions and after chair genslers opening remarks, ill ask as many as time permits. Mark to submit a question online, please email headliners press. Org, and put gensler in the subject line. For our cspan and public radio audiences, please be aware that in the audience today are members of the general public. So so any applause you hear or reaction is not necessarily from working press. It is now my pleasure to introduce our distinguished head table. Please stand when your name is called. Starting on monday right at the far end, mark, senior editor, cnet money. Next, j. D. , a reporter and host at the street. Com. Next to j. D. , con stance of co
Minute, as a matter of fact. Good afternoon and welcome to the National Press club. The place where news happens. Im mark, chair of the board of governors, and Senior Reporter for investment news. Thank you all for joining us, both here in person and online, for our headliner event with s. E. C. Chair gary gensler. We are happy to accept your questions and after chair genslers opening remarks, ill ask as many as time permits. Mark to submit a question online, please email headliners press. Org, and put gensler in the subject line. For our cspan and public radio audiences, please be aware that in the audience today are members of the general public. So so any applause you hear or reaction is not necessarily from working press. It is now my pleasure to introduce our distinguished head table. Please stand when your name is called. Starting on monday right at the far end, mark, senior editor, cnet money. Next, j. D. , a reporter and host at the street. Com. Next to j. D. , con stance of co
Minute, as a matter of fact. Good afternoon and welcome to the National Press club. The place where news happens. Im mark, chair of the board of governors, and Senior Reporter for investment news. Thank you all for joining us, both here in person and online, for our headliner event with s. E. C. Chair gary gensler. We are happy to accept your questions and after chair genslers opening remarks, ill ask as many as time permits. Mark to submit a question online, please email headliners press. Org, and put gensler in the subject line. For our cspan and public radio audiences, please be aware that in the audience today are members of the general public. So so any applause you hear or reaction is not necessarily from working press. It is now my pleasure to introduce our distinguished head table. Please stand when your name is called. Starting on monday right at the far end, mark, senior editor, cnet money. Next, j. D. , a reporter and host at the street. Com. Next to j. D. , con stance of co
Minute, as a matter of fact. Good afternoon and welcome to the National Press club. The place where news happens. Im mark, chair of the board of governors, and Senior Reporter for investment news. Thank you all for joining us, both here in person and online, for our headliner event with s. E. C. Chair gary gensler. We are happy to accept your questions and after chair genslers opening remarks, ill ask as many as time permits. Mark to submit a question online, please email headliners press. Org, and put gensler in the subject line. For our cspan and public radio audiences, please be aware that in the audience today are members of the general public. So so any applause you hear or reaction is not necessarily from working press. It is now my pleasure to introduce our distinguished head table. Please stand when your name is called. Starting on monday right at the far end, mark, senior editor, cnet money. Next, j. D. , a reporter and host at the street. Com. Next to j. D. , con stance of co
Is titled concern continued oversight on Regional Bank failures. Without objection, all members will have five legislative days to submit extraneous materials to the chair for inclusion in the record. Without objection, the chair is authorized to declare a recess of the committee at any time. With that, i now recognize myself for four minutes. Todays hearing will help the Financial Services committee learn more about recent Bank Failures, including management missteps, supervisory failures, and rapid fire bank runs in the age of social media. I think our witnesses for testifying today. The recent banking crisis was fueled by failed Bank Management, lack of hedges against Interest Rate risks, failed military policy, failed supervision, and overspending by the administration and democrats that led to historic inflation, prompting increased Monetary Policy action. Today, we will hear about what went wrong from the Bank Management themselves in state regulators. This is important, as the c