Senator jay walden to be recognized by President Trump to be the head of the securities and Exchange Commission. This is two hours and 25 minutes. The meeting will come to order. This morning we will hear testimony of jay clayton be the head of the securities and Exchange Commission. He has extensive experience in the markets as a highly decorated securities trader. He has helped to inkrecrease th ability of those to invest in the united states. One area na mr. Clayton has said that he will focus on is market formation. The access is the lifeblood of the economy. The jobs act helped to revitalize the primary markets in congress and the s. E. C. Should continue to find ways to help companies to go public to allow the investors the share in their success. Recently, this committee marked up several bipartisan securities bills, and we encourage you, mr. Clayton, if confirmed to help others identify securities area, which could use legislative improvement. The s. E. C. Has a important three
Senator jay walden to be recognized by President Trump to be the head of the securities and Exchange Commission. This is two hours and 25 minutes. The meeting will come to order. This morning we will hear testimony of jay clayton be the head of the securities and Exchange Commission. He has extensive experience in the markets as a highly decorated securities trader. He has helped to inkrecrease th ability of those to invest in the united states. One area na mr. Clayton has said that he will focus on is market formation. The access is the lifeblood of the economy. The jobs act helped to revitalize the primary markets in congress and the s. E. C. Should continue to find ways to help companies to go public to allow the investors the share in their success. Recently, this committee marked up several bipartisan securities bills, and we encourage you, mr. Clayton, if confirmed to help others identify securities area, which could use legislative improvement. The s. E. C. Has a important three
Regulation, cybersecurity and possible conflicts of interest. This is 2 and a half hours. [inaudible conversations]. [inaudible conversations] [inaudible conversations] we will come to order. We will hear testimony on the nomination of jay clayton the chairman of the United States securities and Exchange Commission. Mr. Clayton has extensive experience in our Financial Markets is a highly regarded securities lawyer. For decades he has helped Companies Access our Capital Markets. Increase their ability to invest in the United States and growth and create jobs. One area in which he has already indicated he will focus is Capital Formation. Capital markets drive innovation and job creation and axis is the lifeblood of our economy. The jobs act helped revitalize the primary markets in both congress and should allow companies to the public and allow investors to share in their success. Recently this committee marked several bipartisan securities bills and encourage you mr. Clayton, if confer
[inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] [inaudible conversation] the meeting will come to order without objection. The chair is authorized to declare recess at any time. This hearing is entitled examining the sec agenda operations in fy 2018 budget request. I now recognize myself or three minutes to give an opening statement. I warn everybody i will take a lot longer because there is unanticipated news. First, before proceeding to the purpose of this hearing, i do want to know for all my colleagues that as we begin this hearing today, in 318, b3 18 of this very building, the rayburn building, our friend, our colleague, the Great American hero and patriot sam johnson is being honored by having that very room b3 18 named after him. I think we all know he is a decorated war hero who served his nation with great courage, great valor in korea and vietnam and spent seven years and ex
Cents. Data of course. This was down to the building approvals which unexpectedly rose monthtomonth. We can reverse some of the losses toward midmorning. We are back above the 111 handle here for the dollar yen. At 658. Eeing cny it is flat of a young to look at this with them the context of yesterday. That being said, have a look at japan. We are now up half a percent. Gaining a bit of traction over the last 30 minutes. Rishaad paul allen has the details of this deal. Ill, what is going on here . The operator of the fourth Largest Airline in china is paying 159 million australian dollars for the stake in paying a hefty price for it. . 30 per share. If a 7 premium on what monday closed at. The virgin ceo held a media call a couple hours ago. Heres some of what he had to say. This is an Alliance Deal which has equity. And we can get back to that. H in a has committed to supporting to whatever the outcome of the capital Structure Review is. Some of the other shareholders are getting out.