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Transcripts For CSPAN2 House Financial Services Hearing On Wells Fargo Part 1 20240713

Cspan, your unfiltered view of government. Created by campell and 97 and brought to you today by your television provider. The former wells fargo executive testified themselves as the consumer abuses that led to the executives earnings. Members of the House Financial Services committee question the witnesses on their actions at wells fargo and why no one has been prosecuted for the consumer abuses. This is just over two and a half hours. Thank you. This hearing is entitled Holding Wells Fargo Accountable examining the roll of board of directors and that the greatest patterns of consumer abuses. Today, we received testimony from elisabeth and mr. James quigley who until earlier this weeks are as chair of the board of directors of wells fargo and companys Walls Fargo Bank respectively. Both have resigned as our call for the resignations following the release of us phasing majority statute on wells fargos compliance failures in their individual failures as Board Members. Resignations do n

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Transcripts For CSPAN3 House Financial Services Hearing On Wells Fargo Part 1 20240713

Thank you for your patience. Without objection, this hearing is entitled holding wells fargo. Agree just pattern of consumer abuses. I recognize myself for four minutes to give an Opening Statement. Today, we receive testimony from Miss Elizabeth duke, and mr. James quigley, who until later this week served as chair of the board of directors of wells forego and company, and Wells Fargo Bank respectively. Both have resigned after a call for the resignations. Following the release of a scathing majority staff report on walls far goes compliance failures, and their individual failures as Board Members. The resignations dont absolve meant them of their failures. Directors at wells fargo and institutions across the country must understand that they are the last line of defense when it comes to protecting their companies shareholders, employees, customers. While missed duke and quickly state they resigned to avoid distraction and quote let me be clear, this is not a distraction. We are exami

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Transcripts For CSPAN3 House Financial Services Hearing On Wells Fargo Part 1 20240713

Members of Congress Questioning witnesses on their actions and wells fargo and why no one has been prosecuted for the banks consumer buses. This runs two and a half hours. Thank you for your patience. Without objection, this hearing is entitled holding wells fargo. Agree just pattern of consumer abuses. I recognize myself for four minutes to give an Opening Statement. Today, we receive testimony from Miss Elizabeth duke, and mr. James quigley, who until later this week served as chair of the board of directors of wells forego and company, and Wells Fargo Bank respectively. Both have resigned after a call for the resignations. Following the release of a scathing majority staff report on walls far goes compliance failures, and their individual failures as Board Members. The resignations dont absolve meant them of their failures. Directors at wells fargo and institutions across the country must understand that they are the last line of defense when it comes to protecting their companies s

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Transcripts For ALJAZ NEWS LIVE - 30 20240713

Cowbell a breakdancer all pop songs are being used to tell refugees stories of resilience and march. To begin in libya where efforts to stop the fighting have suffered yet another setback internationally recognized government has suspended its involvement in talks in geneva after warlord forces attacked the capital sport at least 3 people were killed in that assault that port is the main entry point for supplies to libya of taras forces say their target was an arms depot hes been trying to capture the capital since april tripolis government is now insisting the talks cannot continue until the world firmly responds to what it calls violations or diplomatic editor james bass has more. The port in the libyan capital tripoli under attack general half his forces carried out the rocket strikes about the same time the talks were resuming in geneva and immediately put the fate of the peace efforts in jeopardy its now 10 months since general haftar appended the International Communitys peace pl

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Board's Expanding Role in Strategic Risk Oversight

To keep pace with rising risks, boards should engage in proactive risk management and play a more active role in strategic risk oversight.

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Board-effectiveness

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