Members question the fcc chair about Digital Currency, shareholder protection and climate related financial disclosures. This is an hour and a half. Today we will receive testimony from security and Exchange Commission chairman regarding the wor they will testify hes going across the of the sec. I think if youre willingness to appear before the committee today. Mr. Clayton, youre willing to testify is essential to our mission at the sec, which is to maintain fair, orderly and efficient markets and facilitate capital formation. It plays a Critical Role and ensuring that our nation has Capital Markets so that the public can have confidence and trust in. It provides information to investors that that as americans prepare for the futures they may not only have a wide variety of financial opportunities, but they also have the information necessary to make informed Investment Decisions. Chairman clayton, you came before this committee a year ago with assures that you continue to take steps t
Across the of the sec. I think if youre willingness to appear before the committee today. Mr. Clayton, youre willing to testify is essential to our mission at the sec, which is to maintain fair, orderly and efficient markets and facilitate capital formation. It plays a Critical Role and ensuring that our nation has Capital Markets so that the public can have confidence and trust in. It provides information to investors that that as americans prepare for the futures they may not only have a wide variety of financial opportunities, but they also have the information necessary to make informed Investment Decisions. Chairman clayton, you came before this committee a year ago with assures that you continue to take steps to ensure that the u. S. Capital markets remained the deepest, most dynamic and liquid in the world, and actions worth mentioning include the secs final role package on regulation and best interest which strikes the appropriate balance of increased transparency at investors
Protests. One of the most powerful atlanta storms ever recorded kills of least 5 people in the bahamas. But it could be an important day in british politics as the breaks it drama reaches a critical point Prime Minister Boris Johnson facing challenges on several fronts over his plans to leave the European Union johnson is expected to hold a Cabinet Meeting this hour as he braces for a showdown in parliament m. P. s will return from their summer breaks later on tuesday the opposition likely to introduce legislation to block a no deal breaks in a number of legal challenges to johnsons plans to suspend parliament are moving through courts across the u. K. The uncertainty has seen the british pound fault. To its lowest levels since january 17th one pound is now worth less than 1. 20 economists say the sterling could fall even further against the u. S. Dollar depending on what happens politically this month lawrence lee is live for us now in london for the latest developments laurence any n
Australia, counting down asias major market opens. Shery the top stories this hour. The u. S. Stock rally hitting a wall following hot jobs data. The s p 500 has its worst day since april, the vix of the most in five months. Haidi u. S. Companies added more jobs in july than expected. Inc. Of america reversing its outlook for a recession. Shery Brazil Central Bank cut its key rate by 50 basis points. U. S. Futures coming online in the asian session, Downside Pressure in the new york session, asher on u. S. Stocks and bonds. This on investors having to digest high job numbers and treasury debt issuance. The day after the Credit Rating downgrade of the u. S. This coming at a time when we continue to see the treasury selloff. We are talking about yields reaching new highs, the 10 year yield at the highest level since november. An upsurge in the yields earnings. It led to more momentum. It is still earnings season, 169 s p 500 Companies Reporting earnings. Qualcomm being the latest. The Do
Which is the Second Largest Group in the senate that was sort of trying to find a way out of triggering article one five they were backdoor negotiations with the authorities. Idea. For snap election was a way of getting out of this article one five five even if it had been triggered that it would be immediately suspended now none of that happened. He was also pushing to have sort of a gradual implementation of the measures government here plans to. Catalonia but then things went very very quickly specially with the ration of independence coming out of barcelona where you did get a feeling that all of a sudden all these parties who were in a sense the Prime Minister in the first place but hard in their. The rally is stronger behind this Prime Minister and the new you got this vote two hundred sixteen votes out of a chamber of two hundred sixty six people so certainly an overwhelming crushing majority for the Prime Minister to go ahead with his plan and hosier is speaking that carlos pur