Subcommittee on Diversity And Inclusion held a hearing on financial institutions and their treatment of minority communities. The committee looked at the racial Wealth Gap through homeownership, environmental racism, and financial help for small businesses. The subcommittee will come to order without objection. The chair is authorized to declare a recess of the subcommittee at any time without objections. Members of the full committee, not part of the subcommittee are authorized to participate in Todays Hearing. With the high Breed Format of this hearing, we have some members and witnesses participating in person, and others on the webex platform. I would like to remind ole members participating remotely to keep themselves muted when they are not being recognized. The staff have been instructed not to mute members except when a member is not in recognized, and there is an inadvertent background noise. Members are also reminded that they may participate in one promotional proceeding at
The subcommittee will come to order without objections. The chair is authorizes to declare a recess of the subcommittee at any time. Without objections members of the full committee not on this subcommittee are authorized to participate in Todays Hearing. With the Hybrid Format of this hearing, we have some members and witnesses participating in person and others on the webx platform. I would like to remind all members participating remotely to keep themselves muted when not being recognize. The staff have been instructed not to mute members except when a member is not being recognized and there is an inadvertent background noise. Members are also reminded that they may participate in one remote proceeding at a time. If you are participating remotely today, please keep your camera on. If you choose to attend a different remote proceeding, please turn your camera off. The hearing is entitled the legacy of George Floyd and an examination of financial services Industries Commitment to eco
Platforms banning the former president for his unrelenting false claims over the 2020 election and dangerous rhetoric ahead of the January 6th insurrection. And there is national disappointment with the decision to keep Track Superstar Shacarri richardson off of an olympic Relay Team running days after her suspension for a positive Marijuana Test is set to be lifted. Ill speak to fourtime Gold Medalist Sonya Richards ross about the decision. We begin with bill karins tracking the Storm And Nbcs Vaughn Hilliard in surfside, florida. Bill, lets start with you. The storm made landfall late this morning. What is the forecast for Northern Florida and the states along the Atlantic Coast over the next few days . Yeah. This is a giant inconvenient storm. So its not going to cause the destruction, it doesnt look like in any low area, but as it moves up the coast it will be a six to 12hour period of Heavy Rain, Gusty Winds and maybe scattered Power Outages and the highest Wind Gust we have is 30
Technology, such as artificial intelligence or products like cryptocurrency, the recent growth of mega banks and mega banks actions to climate risk. I look forward to hearing testimony from all of our witnesses today. Recognize the gentleman from North Carolina Mr. Mchenry for four minutes. Thank you, Madam Chair, and thank you all for being here today. Were here today for the sequel that nobody asked for in 2019 democrats held this exact hearing to drill ceos. Republicans used the hearing to focus on systemic risk issues to our financial system. Clearly none of us could have predicted what would happen just one year later. The pandemic presented us with a once in a generation challenge. Congress, the fed, and treasury stood together and met this Crisis Head on. Your institutions also played a critical role, as did the financial system generally speaking. Banks of all sizes and credit unions of all sizes. Making sure support was available to families and small businesses. You deserve s
We will be sharing in the days to come. Were here with garrett haake, good morning, listen, democrats have a long list of Agenda Items they want to get done with Voting Rights, infrastructure, Climate Change, Health Care, and there has been movement in the last 24 to 48 hours on some of this. Met he will try to knock these down in order. It will almost certainly fail on a 50 50 republican democratic split vote. For democrats, that is progress, why 1234 they have joe manchin. They think he will vote to get to start debate. If republicans block it, they are going forward on where they are. This is another bipartisan project that im most bullish on. How Police Officers could be held accountable for specific types of offenses. It is detail oriented stuff. The fact that theyre in that deep is a goon sign. On infrastructure and Climate Change were waiting what President Biden is going to stay. We expect to see more details about it on monday. And democrats now know that the aca will be safe