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For cooperation from china to avoid any miscalculation of a north korea, investors like that one too. Here is number two, today President Trump will sign infrastructure plan, thats got a good shot at bipartisan support and investors as well. It seems the market is ignoring the intense hostility that the president is facing and ignoring the three ceo resignations from the manufacturing Advisory Council. Here is how the day is shaping up. A trump win on north korea maybe a trump win on infrastructure, solid economic numbers just coming into us, and, yes, another market rally, welcome to the show, Varney Company is about to begin. Stuart just coming into us, iran threatening to quit the nuke deal if u. S. Imposes new sanctions. Liz, they say they will quit, quote, within hours. Within hours, hour an and day. Iran allocat ....
In the Banking Industry. This portion of the hearing is one hour and 25 minutes. [inaudible conversations] [inaudible conversations] the committee will come to order. The gentleman from missouri mr. Luetkemeyer is now recognize for five minutes. Thank you, madam chair. Welcome back to our witnesses. I would like to focus on a larger issue today that the facts ever u. S. Consumer and consumes all over the world, which is heavy investment in volatile and unfriendly countries such as russia and china. Ms. Frazier, mr. Dimon, after moynihan each either banks have significant investment in russia which you drew down after putins invasion of ukraine. While american sanctioned what impetus for those actions it should be said you did the right thing by shrinking or assets there. We learned to make important lessons. Number one, there was a largenc risk investing in volatile nations with dictatorial governments. And a vertigo investments ....
Brief recess with more questions including crypto currency, Cyber Security and hiring practices. They also touched on the economy and inflation. This is an hour and 45 minutes. The committee will come to order. The chair now recognizes the gentleman from guam, mister sam nicholas for five minutes, welcome. Thank you mister chairman, can you hear me okay . Thank you. Thank you mister chairman. I want to first begin by recognizing miss fraser and citigroup, the conversation im going to have to actually involves all the panelists but i wanted to begin with her company and herself as based on our research it looks like citigroup pays five times more in interest to its depositors than the rest of the individuals sitting at the table. Miss fraser if upcorrect your deposits are yielding. 05 percent interestrate . We believe we have, well we have a variety of different deposit products and we need them to be competitive and fair. The info ....