That chair is authorized to declare races of the committee at any time. This hearing is entitled, Holding Meghan banks accountable. Oversight of americas Largest Consumer facing banks. I recognize myself for four minutes to give an opening statement. Testifying before us today, we have the ceo of the seven largest u. S. Commercial breaks that each serve millions of consumers. Chairwoman of this committee, i prioritize connecting rigorous oversight over our nations largest banks and their activities. Last year for these mega banks that survived for us. Since then our motion continues, to battling ongoing epidemic. Inflation that is affecting every household budget, russias invasion of ukraine, raising Interest Rates another crisis. And better that economy. In this environment, the role of banks played to protect consumers and provide access to Affordable Credit is absolutely critical. Over the past several years that weve seen several symptoms of banking across the country take a dramat
Friday . Are wearing white sneakers. Usually he wears shoes with matching shoelaces for his tie. But today you have sneakers on. That is how we know it is friday. There they are. There they are. Lets get to the stories from around the world. Chiquita is rejecting an unsolicited takeover bid. Chiquita will stick with its planned purchase of an average competitor price. Credit card data may have been stolen from june to july at supervalu. Car that wentc for a classic price. A 1962 ferrari sold for more than 38 million. That is the most a car has ever sold for at auction. No word so far on who bought it. That is a really good looking car. You have just gotten your roadmap and lesson plan. It is 13 f season, where we learn what Hedge Fund Managers bought and sold last quarter. Julie hyman has been digging through the filings. Mind our to wrap your around all of these buying and selling from Hedge Fund Managers. It is always interesting to start with apple and see what they are doing with t
Im going to talk today about something that has unconsciously and indirectly led to a tyranny of experts. Lets call it the technocratic approach to Economic Development. Its the idea that poverty is really just a set of technical robs, so that, for example problems, so that, for example, for malaria theres a variety of Technical Solutions. One of them involves spraying a chemical on the walls of peoples houses, on the inside walls of peoples houses to kill mosquitoes that carry malaria. Thats a technical solution. Another technical solution might be to convert land to higher valueses like from food crops that have low value to Forestry Products that have high value. Now let me tell you why this might, this purely technical approach to development which seems so appealing, so straightforward, so countercontroversial might, in fact, be not quite that easy. So heres the story. And this is not a happy story. This is not like do not think this is the runup to a punch to a joke. Ill try to w
Chaplain, father conroy. Chaplain conroy let us pray. Eternal god, we give you thanks for giving us another day. We pause in your presence and ask guidance for the men and women of the peoples house. Enable them, o god, to act on what they believe to be right and true and just, and to do so in ways that show respect for those with whom they disagree. Send your spirit of peace upon our nation. Endow the members of this house and all our governmental leaders with the wisdom to respond with whatever policies and laws might be needed to ensure Greater Peace and security in our land. Bless us this day and every day and may all that is done be for your greater honor and glory. Amen. The speaker pro tempore the chair has examined the journal of the last days proceedings and announces to the house her pproval thereof. Pursuant to clause 1 of rule 1 the journal stands approved. For what purpose does the gentleman from montana seek recognition . Mr. Daines mr. Speaker, pursuant to clause 1 of ru
Reach 200 million in sales this year. We talked to glu mobiles chief executive. Cleveland Officials Say that lebron james is going to have a half a billion dollar year affect on the local economy. All that and more over the next hour. Lets get headlines from carol massar. Has agreed to delay its start in new york city. The car sharing business as it needs to dot the is and cross the tease. A judge did not issue an order prohibiting the company from starting up its service but it extended the status quo. Boeing is said to be nearing a deal for 9. 2 billion worth of plane orders. Twocompany is poised to win deals with companies. Working the 1970s to get sought after collectibles and artwork available online. They will place some live offerings up for bid in april. Thank you very much, carol massar. Another headline involve the citigroup. The bank of paid 7 billion and find and finds. The News Conference in washington today, eric holder detail the reasons behind the 7 billion fine. They s