Assets about 89 to 90 of them of 1 billion or under this bill is for the big banks. And the big banks are doing quite well. Last year, the banks made record profits. 171 billion. Community banks grew at 8. 3 . Big banks, 4. rate. They are lending to businesses at a record level. But the contention cannot be its because the banks are losing money. It has very little to do how much money they are losing but big banks would like to be deregulated and get back to the business as usual that caused the crisis of 2008. Mr. Speaker, there are 30 big banks that this bill will impact, worth more than 5 trillion in assets. This bill is needed because if we simply allow this bill is not needed, excuse me. Because if this bill is implemented it will cause banks not to be placed under the 50 billion threshold except from regulation from the prudential regulator. Metlife is a pretty good example of what could happen. Metlife is tied up in court probably indefinitely, because the big banks have big bu
Im david culver. Adam has the day off. V. J. Is in for chuck. Were hoping to see the sunshine again today. That well get later todayment again, thats later today. We have Early Morning clouds for us. Yes, temperatures that will be about ten degrees lower than yesterday. Youll need to grab the jacket anyone heading out early this morning. Let me show you whats going on. Here is satellite and radar. Weather front just moved through our area providing southern zones now with quite a bit of cloud cover. This cloud cover will stick around for at least a couple more hours. After about lunchtime, i think well start clearing out. No rain with that front. Thats the good news. Look at the temperature. Were 47 in d. C. 48 in fredricksburg, burtonsville at 39. Cooler air north and west again with some wind. The wind gusts currently over 20 Miles Per Hour. So that wind will be with us throughout the early part of the day, too. Our temperatures hovering around the mid 40s. When i return, well look a
We have a winner germany walked away with the world cup today after a tense one to zero victory over argentina. Fans took to the streets of berlin to celebrate the big win. You can see the massive crowds. With many waving german flags. This is germanys first world cup victory since 1990. Even though the us wasnt playing. The match drew a big crowd at the San Francisco civic center today. In fact. The crowd was so large that the city had to put up a second tv. When the big moment came and germany scored in overtime. The crowd showed a big response. For all you world cup junkies who are in withdrawl now that soccer season is over. Dont worry this isnt the last time you can catch a game at the civic center. They are planning to do the same thing for the womens world cup next year. A morgan hill teen tired of being bullied about his Health Condition decided to stand up against it. Instead of fighting back, he tells kron 4s alecia reid he took a different approach. His way of dealing with b
Seventh inning stretch. Extra time yielded a big moment. Germany scored late and wrapped up the the world cup finals. Winning one to nothing. Fortunately for soccer fans. Sunday wont be the last day theyll be able to catch a game at the civic center. And why not. Showing the world cup more than pays for itself. Nonprofits are benefiting from the extra windfall. America scores bay area will take that money. And plant it right back into the place where it was raised. Perhaps sowing seeds for a more lively, Family Friendly civic center. Reporting in San Francisco, dan rubin, kron four news. Highway 12 in fairfield is reopen tonight after a section was closed because of a four alarm grass fire. Fire Officials Say the blaze was reported shortly before two this afternoon. They say it started in a grassy area off of highway 12 near beck avenue. Officials say the highway was closed from beck avenue to pennsylvania avenue for around two hours. Homes on james street were also evacuated for a few
That traffic is light at this hour. There was an accident on highway 13, but that accident has now been cleared. The books likwe of the king of gemini pary cloudy conditions. And it looks like a fog will be generally light. Heres a look at our forecast to drop the deaay. Humidity and it will go up along with temperatures will be cooler. As you can see we have some mommsen up moisture to the south. That sea breeze will be really light today. In the east they it will be in the 60s and 70s. Upper 50s and San Francisco. Triple digits for the inland valleys. Tempters again hot i a land war for the bay. The humidity may stick around. Tempters will drop tuesday into one step. Highway 12 and fairfield was shut down after a grass fire on sunday. The cabinet to pennsylvania avenue was closed for two hours. Nearby homes were evacuated. And all 15 a. Burned. The cause the fire unknown. The fire in Shasta County in was started by an exhaust from a truck. The man was arrested for reckless cause a fi