Cspan2. The chair of the securities and Exchange Commission, jay clayton, testifies about s. E. C. Priorities and the agenda including a data breach last year. Also the recent equifax data breach which affected 143 million americans. The Senate Banking Committee Held this hearing last week. Today we will receive testimony from securities and Exchange Commission chairman jay clayton regarding the work and the agenda of the s. E. C. Thank you mr. Chairman for attending here today. Oversight of the s. E. C. Is critical function of this committee. The s. E. C. Has an important threepart mission to protect investors, maintain fair, orderly and efficient markets and facilitate capital formation. No one part of this mission is more important than the other. The s. E. C. Increases transparency and trust in the u. S. Stock market providing investors with the Material Information they need to make informed Investment Decisions. It also helps investors participate in our markets on a fair footing
[ cheers and applause ] we are right smack dab in the middle of summer, and that means among other things Tropical Storms are on the way. Theres an especially interesting one working its way through the caribbean right now, Tropical Storm don. According to the weather channel, Tropical Storm don is not a threat to the United States. Unless it runs for president. Then it will be a disaster. [ laughter ] but the funny thing about it is the name of the storm, theres no connection to the president. They come up with these names for these storms way ahead of time. This just happened to be the next name in the rotation. What makes it even weirder is the name may have set for the next big storm in the Pacific Ocean and im not making this up, will be hillary. [ laughter ] Tropical Storm don and Tropical Storm hillary. This election is never going to end. [ laughter ] meanwhile, Tropical Storm don jr. Is headed toward russia right now. [ laughter ] no one knows why. [ cheers and applause ] did
theme song playing cheers and applause stephen welcome to the report crowd chanting Stephen Stephen thank you very much. A very special welcome to the seventh level magic users out there. laughter nation, i will get right to the big news. Herman cain is under attack. This is a dark, dark day for america. And im not just saying that because hes, you know. laughter american. laughter of course, when youre top in the polls, the media digs through your past. Its not fun but it beats being john huntsman. No ones even digging through his present. And now comes trumpedup charges that when cain was head of the National Restaurant association he harassed female employees with gestures that were not overtly sexual but made the women uncomfortable. laughter all right. Naturally i assume the gesture was something innocuous like. laughter it could be anything. Incidentally, thats also a great way to get out of juror duty. laughter well, last night herman cain went on Greta Van Susteren to herman va
Tennessee. Its great to have you here. I should have my passport stamped. Were about to see the biggest contrast you can a imagine, the president last night in montana, on his way to north dakota, and then of course barack obama in illinois, where he launched it all well, not that far from springfield, illinois, at least. What do we expect to hear from president obama . This is going to be a remarkable split screen, andrea, one that democrats and republicans have been anticipating, some of them dreaming about. What will we hear from former president obama . Were told no one is going to come away from his Speech Thinking that he held his punching. This is going to be a sharp, pointed speech about the state of democracy. He is going to be calling on democrats to get into the fray. I spoke with one of his advisers, who said, look, part of his message will be that democrats dont get engaged
exhibit after exhibit of what the trump era embodies. Its the rule of law, its the cohen, the manafo
Guys, confirm to my ears is this ridgecrest . It appears to be a house fire. Mayor breeden, this may be one of the five fires you were describing. It is absolutely raging. You see fire on the scene. Can you just give us an update . You say you believe there have been five fires. Youre not entirely sure if theyre under control. I do not know that officially. As i look around me i can see smoke but i cannot see i cannot see other than one, and thats still black smoke. Theres others that im sure that i only know of the report. And you mention as we stay on these images, you mention checking in with an assisted living facility. Did they have power . Is power totally out where you are . In some places its out and others it isnt. Okay. Okay, ridgecrest, california mayor Peggy Breeden you have many more people to talk to on the phone. Thank you so much for jumping on with me and my best to you. Dorothia smith is with me on the phone. And she felt the earthquake in trona, california, 20 miles