Thank you for your patience, without objection the chair is authorized to declare recess of the committee at any time. This hearing is entitled holding wells fargo accountable, examining the role of the board of directors in the banks egregious pattern of consumer abuses i now recognize myself for four minutes to give an Opening Statement. Today we receive testimony from ms. Elizabeth duke and mr. James quigley who until earlier this week served as chair of the board of directors of wells fargo and company and Wells Fargo Bank respectively. Both have resigned after our call for their resignations following the release of a scathing majority staff report on wells fargos compliance failures and their individual failures as Board Members. But their resignations do not absolve them of their failures. Directors at wells fargo and institutions across this country must understand that they are the last line of defense when it comes to protecting their companys shareholders, employees and cust
Today, but vianey, how is it looking out on the roads . Its looking clear on our end in terms of the traffic maps. Overall the bay area has been fairly quiet, but chp was reporting that crash earlier that popped up on my map and this is along southbound 880 near highway 92. It appears to be a minor fenderbender, a tow truck is already on the way. So that should be cleared out. Not seeing any delays on our Speed Sensors which is always great news. A quick look at your bridge drive times, westbound 580 towards the Richmond Bridge 8 minutes, westbound 80 towards the bay bridge 10 minutes. Taking a live look outside is the metering lights are on. Back to you. Now to a developing story. We continue to follow out of richmond for you this morning. A shelter in place is now lifted after a massive fire at a metal scrap yard. We have been we have pete suratos out there right now, he is gathering more information, but we can tell you that it started about 12 hours ago at sims metal management, wh
To leave the eu next week. It wont lead to the chaos that many seem to be expecting. Yet here we are after yet another day where the market was totally immersed in what will happen a week from now. The dow slipping 58 points. Nasdaq falling. I say weve seen this movie before. Except the last time we women through this, it was a heck of a lot worse. I dont really fear the idea that the uk, a country with its own currency, might divorce itself from europe. A whole couldnt penalty in with a different currency. Greece leading the way, a few years ago, i was genuinely concerned about greece, spain, portugal and especially italy. The Third Largest bond market in the world. Those were real unknowns and that would have reverberated around the world. But the European Central bank solved all those problems, maybe not to your satisfaction but certainly the satisfaction of american stock investors. I think the same thing will happen again. The pajama traders. Believe me. You may just get your chan
Both. Testified they were teenagers when holland touched them inappropriately during counseling sessions. Holland faces life in prison if convicted on a long list of charges. He has pleaded not guilty. brian loftus the man who bludgeoned Shauna Tiaffay to death with a hammer. Will serve decades behind bars. Noel stevens was sentenced to 42 years to life in prison yesterday. With possibility of parole after he finishes those 42 years. He pleaded guilty to killing shauna back in 2012. It. Hes currently serving life in prison. Kirsten Joyce a new report finds nevadas Public Schools rank last in the country. Education weeks Quality Counts report looks at three different categories. Those include the role of education in a persons life from birth to career. K12 achievement. An d school finances. We receive a d grade in each of the categories. Wit h an overal grade of d. Massachusetts ranked number one and had a bplus score. The country as a whole received brian loftus education officials wi
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