Welcome to the Nixon Library and welcome to this beautiful replica of the east room. I am Christopher Nixon cox a board member here at the Nixon Foundation as well as a grand son of the 37th president richard nixon. My honor and pleasure to have you here at the library today. And im hope im so happy to welcome you to the library. It makes me really excited. I see a lot of young faces in the crowd. Weve a lot of young conservatives. It is really great to see. I really encourage all of you to walk around the library. Its one of the Favorite Places in the world. The birth place is beautiful. We have just redone a lot of the exhibits in the library. Will you please welcome our special guest today charlie kirk. [applause]. Please remain standing for all who can stand for the presentation of colors and the singing of our national anthem. [music] [applause]. Colorguard. Ladies and gentlemen please give another round of applause to that Detroit High School navy junior rotc navy guard. There ar
Record levels were hearing 47 Million People could lose their jobs, 32 unemployment stocks will soon collapse under their own weight according to morgan stanley, we could be looking at a 25 contraction in our Gross Domestic Product my money manager friends were all glued to their machines sunday why, of course, like every sunday night they expected the futures to be down the limit so how the heck could the market rally today . I mean, dow gaining 691 points, s p climbing 3. 35 nasdaq pulling 3. 62 simple because American Science is at last in play science that may allow us to not only contain this virus, but actually one day beat the darn thing. Look, i in no means want to disparage the extraordinary efforts to get the pandemic under control. Its absolutely essential. Thats why ive been calling for national lockdown, as much as it rankles some we have people gallavanting around like nothing is wrong new york city is a travesty. The new york mayor waited too long and were paying for it
Ladies and gentlemen, please welcome president nixons grandson, Christopher Nixon cox. [applause] ladies and gentlemen, welcome to the nixon library, and welcome to this beautiful replica of the east room. I am Christopher Nixon cox, a board member of the Nixon Foundation as was the grandson of the 37th president , Richard Nixon i am so happy to welcome you to the library. I see a lot of new faces makes me really excited and i see a lot of young faces so we have a lot of young conservatives. [applause] its great to see and i would encourage all of you after the event today to walk around the library. Of course it is one of my Favorite Places for obvious reasons but one of my favorite in the world i think it is the birthplace, its beautiful, we have redone a lot of the exhibits so theres a lot of new stuff to see and if you come back you can visit the archives and do a Little Research into my grandfathers presidency is so much to do so i am so happy to have you here today but of course
Thank you for your patience, without objection the chair is authorized to declare recess of the committee at any time. This hearing is entitled holding wells fargo accountable, examining the role of the board of directors in the banks egregious pattern of consumer abuses i now recognize myself for four minutes to give an Opening Statement. Today we receive testimony from ms. Elizabeth duke and mr. James quigley who until earlier this week served as chair of the board of directors of wells fargo and company and Wells Fargo Bank respectively. Both have resigned after our call for their resignations following the release of a scathing majority staff report on wells fargos compliance failures and their individual failures as Board Members. But their resignations do not absolve them of their failures. Directors at wells fargo and institutions across this country must understand that they are the last line of defense when it comes to protecting their companys shareholders, employees and cust
Thank you. This hearing is entitled Holding Wells Fargo Accountable examining the roll of board of directors and that the greatest patterns of consumer abuses. Today, we received testimony from elisabeth and mr. James quigley who until earlier this weeks are as chair of the board of directors of wells fargo and companys Walls Fargo Bank respectively. Both have resigned as our call for the resignations following the release of us phasing majority statute on wells fargos compliance failures in their individual failures as Board Members. Resignations do not absolve them of their failures. Directors at wells fargo, and institutions across this country must understand that they are the last line of defense when it comes to protecting your companys shareholders, employees and customers. And while ms. Duke mystically said said, there resigned to quote, avoid distractions that would be cleared and this is not a distraction, we are examining the conduct and the dereliction of duty. Over the pas