Regulators before its put out for Public Comment and adopted. Now this is a proposal from 2011. The rule being proposed today mandated by doddfrank and deals with incentivebased compensation at a wide range of financial institutions. Here are the key elements of this reproposal. First of all, it mandates that 60 of incentive pay for Senior Executives and significant risk tears at firms with more than 250 billion in assets, think the big wall street banks, this pay be paid out over four years. These executives at firms with 5 50 it 250 billion in assets have to wait three years. Wall street firms defer this pay for three years. But for a Smaller Group of executives. Second, this new proposal includes claw backs at firms with more than 50 billion in assets, Senior Executives and risk takers will be subject to claw backs looking back seven years if they engage in conduct including misconduct, fraud, or financial misrepresentation. Lastly, were with firms with over 1 billion in assets they
People can support him. He also listens to people. That is rare in a politician nowadays. It is something people look for. I feel that he is for the people. He is for education. I believe in universal health care. And i believe all of our topic institutions should be free. Andrea those were some of the voters we talked to earlier, explaining why they feel the bern, as they say, among senator sanders supporters. The crowd is getting revved up for him getting on stage. This is a very big moment as we get closer to our primary next tuesday. This comes on the heels of he will speak for about an hour, whereas Hillary Clinton spend about 20 minutes yesterday. It will be interesting to see how sanders addresses the issues in front of this rally crowd. John injure blanford Andrea Blanford in the very loud crowd there. You can watch Bernie Sanders speech right now on abc11. Com. We are streaming his speech live on the website for you. Barbara monday, ted cruz will return. He was in raleigh wedn
The street where he was hit wei a car. There is no word on who did this or w wrapped up for former first Lady Nancy Reagan. World leaders join family and friends for the service. Steve . This is a live look at the feed coming in from southern california, the president al library in simi valley. Comingtalked about how much her mom missed president reagan after his death. Over time what she referred to as late night visits from my father, she no longer heard his foot steps in the hall but she never stopped missing him. She told me once the reason she had the television on all the time was because it filled the house with sound and made her feel less lonely. Mrs. Reagan died on sunday at the age of 94 from congestive heart failure. She piland every detail of this funeral that is under way. She picked the flowers, the music, and the people invited. Shell be buried next to her husband overlooking the Pacific Ocean at the reagan president ial library outside los angeles in simi valley where
The speaker pro tempore pursuant to the order of the house of january 3, 2013, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour ebate. The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip , but in o five minutes no event shall debate continue beyond 11 50 a. M. The chair recognizes the gentleman from california, mr. Mccolin ton, for five minutes. Mcclintock, for five minutes. Mr. Mcclintock mr. Speaker, were now seven weeks into the implementation of obamacare. We know that in the first four weeks 106,000 americans placed health plans in their shopping baskets although its not clear how many of them actually purchased plans. Meanwhile, its now estimated that some 5 1 2 million americans have lost the Health Insurance that they had, that they liked and that they were promised that they could keep. The In
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