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CSPAN3 Senate Hearing On Oversight Of FCC July 12, 2024

That wraps up todays white house briefing. We now return to last Thursdays Senate commerce meeting on fcc oversight. The serenity they necertaint build at scale. Capital, talent is scarce. Innovation doesnt have to visit. The more difficult it is, the less likely we hare to get it. And its consistent, i would add, with three years of reforms we have made oven with great heat taken. They have been a proven concept for a regulatory approach. I think the reforms, the ones you championed in the steam line act, would have us close the Digital Divide. The period is a marked contrast from the prior eight years. We wasted a tremendous amount of time chasing around partisan little agendas, rather than focusing on what matters. I think this pandemic has pult Telecom Policy in a crucible. That is what we have to focus on. On clos ....

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CSPAN2 SEC Chair Jay Clayton Testifies Before Senate Banking Committee July 13, 2024

Fair, orderly and efficient markets; and facilitate capital formation. It plays a Critical Role in ensuring that our nation has Capital Markets that the public can have confidence and trust in. It provides information to investors so that as americans prepare for their futures, they not only have a wide array 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 and assured us that you would continue to take steps to ensure that the u. S. Capital markets remain the deepest, most dynamic and liquid in the world. I commend you and the sec staff for the actions that have been taken over the past year. Actions worth mentioning include the secs final rule package on regulation best interest, which strikes the appropriate balance of increasing transparency in invest ....

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CSPAN2 SEC Chair Jay Clayton Testifies Before Senate Banking Committee July 13, 2024

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 work and agenda of the fcc. I thank you for your willingness to appear before the committee today and mr. Clean your willingness to testify the borrower side of the fcc. You ca came before this committa year ago and am sure dusty would continue to take steps to ensure the Capital Markets remained the deepest and most liquid in the world. I commend you and the staff for your actions taken over the past year. Actions worth mentioning include the final rule package on regulation best interest which is great as the appropriate balance in increasing transparency and investors rela ....

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CSPAN2 SEC Chair Jay Clayton Testifies Before Senate Banking Committee July 13, 2024

I thank you for your willingness to appear before the committee today and mr. Clean your willingness to testify the borrower side of the fcc. You ca came before this committa year ago and am sure dusty would continue to take steps to ensure the Capital Markets remained the deepest and most liquid in the world. I commend you and the staff for your actions taken over the past year. Actions worth mentioning include the final rule package on regulation best interest which is great as the appropriate balance in increasing transparency and investors relationships while preserving access to the advice relationships and investment products. They also propose modifying the accelerated definition to reduce the number of registered subject to the requirement. I encourage the commission to move forward quickly to all smaller recording companies. This summer they issued a concept release seeking
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CSPAN2 SEC Chair Jay Clayton Testifies Before Senate Banking Committee July 13, 2024

Currency, shareholders protections and climate related financial disclosures. This is an hour and a half. Today we will receive testimony from the securities and Exchange Commission jay clayton regarding the work and agenda of the sec. I thank you for your willingness to appear before the committee today, mr. Clayton, your willingness to testify is essential to our oversight of the sec. The mission of the sec is to protect investors, maintain fair, orderly and efficient markets and facilitate capital formation. It plays a Critical Role in ensuring that our nation has Capital Markets that the public can have confidence and trust in and for investors as americans prepare for their futures they may not only have a wide variety of financial opportunities, but they also have the information necessary to make informed inv ....

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