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
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
Good afternoon, commissioners. Grant colfax, director of health. Happy new year. Of aofi have a few things to highlight. Very exciting news with regard to medy cal expanding coverage to undocumented immigrants up to age 26. This is an expansion that Governor Newsom authorized as part of the states 2019 to 20 budget, including full scope medical to eligible adults ages 19 to 25 regardless of immigration status. Statewide this is expected to have a wide impact, covering 90,000 people, and enrollment started the first of the year. We have to make that expansion will apply to about 1,000 to 2,000 individuals in San Francisco. And we have been working with the Human Services agency to notify eligible san franciscans, including transitioning those who qualify from healthy San Francisco to medical. This is also an important opportunity to remind residents about the available of medical, that immigrants are not pen liesed when they apply for a green card, and there are no changes to the public
Week on the communicators. Mr. Purdy, what do you do for huawei as chief Security Officer . Guest my primary role is interval although ive been doing more extra things in the last six to 12 months but my responsibilities have to do with sharing a committee of the key parts of the company in the United States that tries to assess and manage and control risk, help support our overall ethics and Compliance Program so we can make sure we protect huawei, protect our customers and continue to do business and manage cybersecurity privacy risk. Host what is huaweis legal and commercial status in the u. S. Right now . Guest its kind of the moving target. We have National Defense authorization act. We have pending rulemaking pursuant to an executive order. Right now we cant sell to the u. S. Government. We cant sell to use contractors, and theres pressure for our small carrier customers, wireless and wireline customers, to rip out huawei gear. So theres legislation pending that would provide fun
Peter andy purdy is chief Security Officer for huawei. He is based in washington, d. C. , and he is our guest on the communicators. What do you do for huawei . Andy my primary role is internal, although i have been doing external things for the past few months, but my responsibilities include chairing a committee of key parts of the company in the United States that tries to control riske, and and help support our overall ethics and Compliance Program so that we make sure we protect huawei, protect our companies, and continue to do business and managers Cyber Security risk. Peter what is huaweis legal and commercial status in the u. S. Right now . Andy it is a moving target. We have a pending rule to an rule pursuant to an executive order. Right now, we cant sell to the u. S. Government, cant sell to u. S. Contractors, and there is pressure for our smallcarrier customers, wireless and wireline customers, to rip out huawei gear. So, there is legislation pending that would provide funds,