Ins a draw as they say soccer right now. Jonathan im not sure anyone calls Bank Earnings season the great derby. Darby. Y the fixed trading revenue number. Equity sales and trading revenue. Message fromng the the city ceo. Balance sheet a has plenty of capacity to serve clients. This is the continued message that the Balance Sheet is not an issue, this is an earnings issue. The Balance Sheet is still strong. Tom every bank has different language. 20 some billion dollars of cost of credit. Citigroup and jp morgan lifting a little bit. Wells fargo is its own story. Sonali basak joins us now. We have citigroup out here now i want to go back to wells fargo. How broken is wells fargo . A 2. 4 just posted billion loss. Down to is being cut . 10 compared to . 20 expectations and . 51 where it was before. They are putting up a fraction of what they had before. They are jp morgan with relatively solid results in the face of a tough time. Jonathan is there a broad take away yet for all three . A
Trying to figure out. Did you guys get in trouble . They sent you down at the other end of the table. Everyone is together, but youre down at one end. Listen, were going to get started. The subcommittee hearing will come to order without objection, the chairs authorized to declare recess in the committee to any time. This briefing is an extension of several hearings we have had discussing Climate Change. And on the current Economic Impacts of global warming. Im going to differ in the Opening Statement for myself and i know when we spoke earlier, in the holding area, i mentioned the fact that we would be hopefully trying to do a hearing, in fact, this is a briefing, we do have time for your Opening Statements, so, what i would like to do is to afford each of you the opportunity to do so. So, let me introduce the four of you and then we will move to you, mr. Gomez. We have alfredo gomez, director of National Resources and government accountability, office dave, joness new director for en
Several hearings we had discussing Climate Change focusing on current, future and Economic Impacts. I will defer to the Opening Statement for myself. When we spoke earlier in the holding area, i mentioned the fact that we would hopefully do a hearing. We do have time for your Opening Statements. What i would like to do is afford each of you the opportunity to do so so let me introduce the four of you and move to you, mister gomez. We have j. Alfredo gomez, Government Accountability office come a dave jones, senior director for in my mental risk and Nature Conservancy, institute for Economic Freedom and the heritage foundation, doctor Michael Michael greenstone, Milton Friedman, from the university of chicago and Stephen Benjamin mayor of the city of columbia, South Carolina. With that, director gomez, you are recognized to give an oral presentation of your testimony for five minutes. I am pleased to be here to discuss how to limit the federal governments exposure by better managing Cli
Change the House Oversight subcommittee on the environment held its fifth hearing on Climate Change. Everybody sits together we will get started the subcommittee will come to order without objection the chair is authorized to declare a recess at any time so to discuss Climate Change on the future Economic Impact i will defer the Opening Statement for myself and when we spoke earlier i mentioned the fact we would hopefully to do a hearing we have time for Opening Statements but what i would like to do is to give each of you the opportunity to do so. Let me introduce the four of you have all freight oh gomez from the Accountability Office senior director for environmental risk the institute for Economic Freedom doctor greenstone Milton Friedman and the honorable Stephen Benjamin mayor from south carolina. So you are now recognized to give an oral presentation of your testimony for five minutes. I am pleased to be here today how to limit the federal government fiscal exposure by reducing
Everybody sits together we will get started the subcommittee will come to order without objection the chair is authorized to declare a recess at any time so to discuss Climate Change on the future Economic Impact i will defer the Opening Statement for myself and when we spoke earlier i mentioned the fact we would hopefully to do a hearing we have time for Opening Statements but what i would like to do is to give each of you the opportunity to do so. Let me introduce the four of you have all freight oh gomez from the Accountability Office senior director for environmental risk the institute for Economic Freedom doctor greenstone Milton Friedman and the honorable Stephen Benjamin mayor from south carolina. So you are now recognized to give an oral presentation of your testimony for five minutes. I am pleased to be here today how to limit the federal government fiscal exposure by reducing risk this is an area on our high risk list since 2013 recent disaster has shown the need for planning