Nurses, doctors and all the frontline medical workers, some sick and doing their job andisolated from their family. First responders, essential workers, dcf social workers and bta bus and train drivers and many many other Public Servants who has always did what they had to do in order to serve us but in some cases suffered terrible loss as a result. For a load or laid off workers who despite coming in early , working the extra shifts found by no fault of their own are left wondering when that job comes back. Everyone suffering under the fear of the unknown amid this pandemic. Everyone has sacrifice a wedding or major moment in life and went without holding their loved ones at the exact time they needed to be held the most area and everyone who lost a friend, a brother, a sister, a mom or a dad, there are tens of thousands of you right now in the commonwealth who have either grieved or are going through one ofthe hardest moments of your life. The toll this virus takes and continues to t
Update from prudential regulators. This is a timely discussion as we engage with the nations prudential regulars amidst the health care and economic devastation of the covid19 pandemic. In queens in other parts of new york city have been very part hardhit. We at seven marquesas and more deaths than most states in the country. I did knit this healthcare cris millions have lost their jobs and loss of income compounded the Economic Impact. But thanks to the doddfrank wall street reform and the implication of the decade before the financial crisis, the nations Banking Sector has emerged and develop a bright spot with adequate capital and worked with clients to restructure mortgages and loans and extend credit. But but i that serious concerns about the implementations of the ppp Stimulus Program and the role some of the banks played and prioritizing loans are Large Companies rather than Small Businesses a minority community. But thanks to the hard work of chairwoman waters and chairwoman ve
From the honorable randal quarles, Federal Reserve vice chairman for supervision; the honorable jelena mcwilliams, chairman of the fdic; and the honorable rodney hood, chairman of the ncua. Welcome to all of you. This hearing provides the committee an opportunity to examine the current state of and recent activities related to the regulatory and supervisory activities of these agencies. It has been over a year now since the enactment of s. 2155, the Economic Growth, regulatory relief and Consumer Protection act, and the work of the agencies to implement most of the laws provisions, including the tailoring rules for u. S. Banks and u. S. Operations of foreign banks. Your agencies should also carefully review the existing supervisory frameworks and make any necessary adjustments to appropriately align them with the tailoring rules and requirements. On july 30, 2019, all of the Republican Banking Committee members and i sent a letter to the federal banking regulators urging your agencies
This coming after an explosive hearing at hill between democratic lawmakers and former i. C. E. Chief tom homan. Im extremely frustrated. Im not calling on you, sir. Of course not. Your comments are disgusting. I find your comments disgusting as well sir. I served 34 years. Charles National Border Patrol Council president , workers at one minnesota shipping facility using amazon prime day to go on strike, what they are going, what are we going to find out how we impact that juggernaut that is amazon. All that and so much more on making money. Charles treasury secretary steve mnuchin. Thank you for being here. Recently as you know there has been a great deal of interest about Digital Assets including cryptocurrencies such as bitcoin and libra. There are many regulatory, and supervisory questions regarding libra, Virtual Assets and Virtual Currencies but i will focus primarily on the serious concerns that the treasury harassing growing misuse of Virtual Currencies by money launderers, te
Online at cspan. Org. The subcommittee hearing on Climate Change risk and Management Strategies with regulators from the Federal Reserve and the federal deposit insurance during their testimony, the witnesses discuss the role of government in setting climate goals for companies and the impact of environmental legislation and local politics. This is nearly two hours and 10 minutes. The committee will come to order. Without objection of the chairs authorized to declare a recess at any time. This hearing is entitled climate risk are financial regulators politically independent . Without objection all members will have five legislative days within which to submit extremist materials to the chair for inclusion in the record. I now recognize myself for four minutes to give an Opening Statement. Federal regulators represented here today have coordinated to promulgate principles for managing climaterelated Financial Risks. The guidance and information requested by the regulators aligned with a