Senate Banking Committee cherish charred shelby. The committee will come to order. Today, well learn more about the events and the circumstances, that led to the enforcement action against wells fargo by the City Attorney, and the occ and the c. F. Pb. But first today, well receive testify from john stumpf, hes the c. E. O. And chairman, who is was us. Welcome. We will then here from the Los Angeles Deputy cheer whose office was the first for commence the action and finally from the occ and. C. F. Pb. We look forward to hearing from both panels because much remains unclear about what transpired at wells fargo and the regulators response. It appears that wells fargos own analysis concluded that think seanlsd of its employ piece opened more than 2 million account thats may not have been author raised. Subsequent licks wells fargo terminated 5,300 employees and has agreed to pay 185 until fines, and 5 million in customer remediation. Sales dated take show they have been an Industry Leader
In houston. Energy is a big story today as it has been every day recently. We will get to brian in a minutes time. First we begin with the growing fears of how vulnerable airlines are to hackers and whether a plane can be brought down by a cyber attack. In San Francisco, live at the largest Information Security event in the world, what are we hearing . This is as you say a big Cyber Security conference. They are just about to open the doors for the beginning of the conference, but controversy and researcher Chris Roberts was on the way to the conference last week. He tweeted out information alleging that he can hack into airplane cockpit systems based on some of the infrastructure inside an airplane. He tweeted that out on wednesday when he arrived at his destination on wednesday. He was met by security at the airport and detained by the fbi for several hours of questioning and conversation. He also said that on saturday as he was on the way here to San Francisco to come to this event,
Next former speaker of the house Newt Gingrich presents the second book in the historical fiction serious victory at yorktown. Its a little over an hour. Good etching. I have the honor of being the executive director of the Ronald Reagan president ial center. Its a pleasure to welcome you here on the rainy evening. In honor the men and women in uniform who defend our freedom around the world within if you would stand and join me for the pledge of allegiance. I plek allegiance to the flag of United States of america. And to the republican for which it stands, one nation under god, and with lib if i and justice for all. Thank you. Please be seated. Before we get started ilgd like to recognize a few special guests we have with us. I would like to begin with a welcome to one of our members of board of trustees and the former governor of the state of california pete wilson. Governor. [applause] [applause] our county supervisor peter floyd. Peter, thank you for coming. [applause] now for tho
In new york city. Im Erik Schatzker. I am alix steel in for stephanie ruhle, who is on assignment. I am a lucky man, thank you. These are the top business stories from around the world. Prosecutors are widening their investigation of the Exchange Industry the Justice Department is questioning salespeople at fx to see if Bank Straight traded at head the clients or colluded. A surprise for blackberry. A First Quarter loss that was smaller than expected. Ceo john chen has been cutting costs, to turn the company around. The Supreme Court to decide the arialrea today today, broadcasters went to court to keep them from broadcasting over the internet. Their very existence is at stake because they would go out of business if the Supreme Court ruled against them. For the networks, a loss would mean billions in lost revenue. If a decision does not come today it will likely come next week. One of the most controversial names in retail is out of a job this morning. The head of American Apparel, wh
Talking about a number of counties, a large number in the state. Reporter there are 44 counties currently under a state of emergency. Virginia is a pretty rural area and a lot of people live and work off the land. My own grandparents live an hour up the road and both from here. We have farms. What people here do. Lots of mining country. One of the women trapped inside of her car, i spoke to her and said, you saw your car lights just going beneath the water and youre standing here in your so socks, were you scared . She said, yeah, i was scared but knew West Virginia would come together because thats something West Virginians do. Thats something we heard the governor say, saying West Virginia comes together not only to help their family but friends and neighbor. Even though this is happening most severely in this county and 44 counties already declared a state of emergency, this is something not only affecting this state but also virginia where hundreds of thousands of homes remain with