Coins and Digital Assets. Concerns over insurance and real estate markets and risks posed by using Artificial Intelligence in the Financial Sector on the Senate Banking committee of, this is about two hours and 15 minutes. The committee on banking, housing will come to order. Secretary yellen , who has been flexible on the schedule and we had to change the time from yesterday to today, she has to leave at 11 30 and we will respect that. I will enforce the five minute rule on myself and everybody else. For a long time it has been clear what gets rewarded on wall street, bigger risks mean profit and that means more Stock Options which means fatter bonuses and then we end up with a wall street culture that glorifies a it leads to an economy of excess and a shrinking middle class. That is how we got east palestine. And the ceo of stellantis making three times what the average worker makes. We saw that plan play out with poorlyrun banks putting profits above Risk Management. And Small Busin
Dealt a blow this past month the nasdaq up 5 the russell up 5. 5 . The dow up 1. 5 . So goes the start of the year. So goes the rest i mean, historically, you come out of a great january and most of the time you do get followthrough. Of course nothing is perfect if it were that easy, you would set a formula and there would be no need to think i dont know if its as simple as extrapolating a good january, a good first quarter, what have you, but theres a reason why that kind of thing does tend to persist over the years and decades. The stocks change. The ceos change. The products and services that theyre selling change what doesnt change is human nature and when the indices get a good start, that generally leads to chasing and generally leads to people just feeling more upbeat and better about things and interpreting data points as bullish rather than bearish so they can stay in the game. I like the way the year started. Guarantees us nothing, but probably it does do well the rest of the
Syndrome is extremely rare. Hi. Friends dont have to be. This is joe. When youre connected, youre not alone. Cox, support cspan as a public service, along with these other television providers, giving you a front row seat to democracy. Next, a discussion about the impact of Climate Change and possible solutions with fema administrator deanne criswell. She talks about why she believes Climate Change is the crisis of our generation. The virtual conversation runs over just 40 minutes. Hello. Welcome to Washington Post live. I am a National Environmental reporter. Were going to be discussing natural disasters, why they are becoming more frequent and more severe than in the past. And how the federal government is trying to prepare for more extreme weather events ahead. Later, we will hear from fema administrator deanne criswell. But first, i am joined today by two climate experts. The professor Michael Oppenheimer and the senior feller fellow, alice hill. Welcome to Washington Post live. Th
Should big as that question. Ai will explain it. Ica. Plus who can afford a house in Bidens America . We will break it down. N th which of the powells in the media are hitting the panic button . Stay tuned. But first, egg on his face. That is the focus of tonights angle. Meet the constituency that the Biden Campaign is desperately trying to win back. Free palestine free palestine free palestine laura during the whole is time of the year for christians, in new yorks st. Patricks cathedral, the faithful could not even enjoy the celebration of the resurrection. The prohamas protesters believe their cause trumps everything else. It was disgusting at every le level. That wasr their disrespect, the are sacrilege by the white house . By as a president who calls himself a Roman Catholic . . Of course not that would mean offending muslim voters are leftwing activists, but the Biden Administration,s look, theyan are fine even targeting Catholics Ander christians denominations. Remember bacmsk in
Flooding. Were also tracking other stories on this wednesday, including hurricane otis, ripping through mexicos southern pacific coast. Meteorologist rob mayeda is tracking why this storm was so unique. Also, declared an unreasonable risk. Cruise cannot run its Driverless Cars around San Francisco for now. We do have new reaction today from San Franciscos bravest. And making it in the bay is hitting the south bay. The reason Santa Clara County is not collecting as much in property taxes. Our scott budman breaks it all down for us, including how you are affected, even if you dont own a home. Ly but lets begin with a potentially dangerous rainy season. After a historically wet winter, the National Weather service says we should prepare for another round of above average rainfall. And today valley water in the south bay outlined what its done to prepare and how you can as well. Nbc bay areas ian cull joins us now. Ian, i guess lets go ahead and start with what we can do at home. How do we