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CSPAN SEC Chair Clayton Testifies Before Senate Banking Committee July 11, 2024

You should have a box on your screen that shows how much time is remaining. Some trouble and ive had senators tell me they just cant find that box or they dont see it. Last hearing one of the senators asked me to give them a reminder. I will do that this time for everybody. So at 30 seconds left on your clock, there will be a tone, a bell ring to remind senators and witnesses that their time is a most expired, then at the end of five minutes, another bell will ring. That way we can all know how the clock is working even though we dont find it on our screens. Today we will receive testimony from the securities and Exchange Commission chairman jay clayton regarding the work and the. Genda of the sec thank you for your appearance before the committee today which is essential to our oversight of the sec. And welcome. You last appeared before this committee in december of last year. The covid19 pandemic hit the
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CSPAN3 SEC Chair Clayton Testifies Before Senate Banking Committee July 11, 2024

Question, we will move to the next senator until resolved. I remind all senators that the five minute clock still aflies. You should have a box on your screen labeled clock that shows how much time is on your screen labeled clock that shows how much time is remaining. But we have had some troubles, and i have had senators who cant find that box or dont see it. And so, in fact, last hearing one of the senators ask me again to get a reminder, i will do that at this time for everybody. So at 30 seconds left on your clock, there will be a tone, a bell ring, to remind senators and the witnesses that their time has almost expired. At the end of the five minutes, a bill will ring. That way we can all know how the clock is working, even though we dont find it on our screens. Today we will receive testimony from the security and Exchange Commission chairman jay clayton, regarding the work and agenda of the sec. I thank you chair clayt ....

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CSPAN SEC Chair Clayton Testifies Before Senate Banking Committee July 11, 2024

The foretwoity was an intent. I think thats something that we should all explore. Thank you. I have worked on legislation. Its a little late in this session under your tenure that would create guardrails and prevent these kinds of failures and abuses. I think your comments were appropriate. We allow companies to still do they have to provide Real Transparency which they dont always. Have to reward workers not just shareholders. Senator brown ill close with a statement. We saw earlier this year the pandemic crashing our families, hospitals, and the economy. How the market seized the up. The s. E. C. s recent report on interconnectedness in the market offers insights but no real policy recommendations. I know that you and vice chair and represent duty pute secretary money market reforms were not good enough. It is clear your successor, the next banking regulators will need to reduce risk from interconnectedness and excessive leve ....

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CSPAN U.S. House Of Representatives U.S. House Of Representatives July 13, 2024

Baseball, basketball, football, track, and the many sports that come under the olympics mandate. This bill in particular i wish to remind our colleagues again provides relief, but we really hope it is a deterrent and works to move other nations, the european union, to be able to establish these kinds of responses to doping. This act establishes criminal penalties for participating in a scheme in commerce to influence a Major International sport competition through prohibited substances or methods. It also provides restitution to victims of such conspiracy, athletes in particular, many of them who have suffered great losses because of this fraud. It protects whistleblowers from retaliation by criminalizing participation in International Doping fraud conspiracies, whistleblowers will be included in existing witness
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CSPAN3 Senate Commerce Hearing On Tech Companies Use Of Algorithms July 14, 2024

I want to thank everyone for being here today to examine the use of persuasive technologies on internet platforms. Each of our Witnesses Today has a great deal of expertise with respect to to algorithms and as well as in the more narrow context of engagement and persuasion and brings unique perspectives to these matters. Your participation in this hearing is appreciated. I con vain this hearing in part to inform legislation i am developing to give consumers the option to engage with the platform without having the experience shaped by algorithm use specific data. Internet platforms have transferred the way we interact and made positive ways on society in ways too numerous to counting. The vast majority of content is innocuous and at its best it is entertaining, educational and beneficial to the public. However, the powerful mechanisms behind these platforms also have the ability or at least the potential to influence the thoughts ....

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