Live Breaking News & Updates on Mister Gonzales|Page 1
Stay updated with breaking news from Mister gonzales. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
[inaudible conversations] [inaudible conversations] the committee will come to order. without objection, the chair is authorized to declare recesses of the committee at any time. i would like to start by letting our members know that although we had previously had an agreement with secretary yellen to have a a hard stop of 1:30 p. for this hearing, which is consistentd with committee precedent, she has since been formed such as in beating at the white house, that she needs to get you. now be atd stop willh 12:30. democratic members were unablein to ask their questions of secretary yellen at the last hearing that she testified at will get priority today in the question order, and i hope what we can get to everyone, even with the truncated hard stop for today s hearing. this hearing t is entitled the annual report of the financial stability oversight council. i now recognize myself for four minutes to give an opening statement. good morning, and welcome, secretary yelle ....
Serious injuries to her face. Breaking news right now. It is making a mess. Both ways on the gowanus expressway. It is always backed up. You do not need this. Medical marijuana now legal in new york. We will have some people involved with that. They are bringing marijuana. You have to have a prescription for this stuff. Mike, former catcher for the mets is going to the hall of fame. He made it official yesterday. By the way, we do not know if he is going in as a met. We will have the man that we will try to coax it out of him. Greg he was with the dodgers as well. Congratulations. Rosanna we are all feeling a little bit let down. Look at you mr. Positive. I feel like a chump whenever i play the lottery. We struck out last night. It is expected to hit a record. This morning. You came on with money this morning. It is single bills. Are at a bachelor party. [laughter] anyway. Rosanna mark your calendars. Mike rosanna seems to be very good morning, everyone. Very good. Another decent start ....
[inaudible] go figure. Level of the attacks only get worse to will only get worse. I fear that they will be able to pull off a significant attack that has real financial consequences. If you just take the Public Information by private security companies, we know that nationstates have been on our Critical Infrastructure truth they are waiting to costeffective capabilities in case of a conflict. We have a penetrative it. We know they were successful. We know they were successful on getting into our financial networks, large financial institutions, not once, but twice. Is somebody at some point is going to decide to flip the switch. When they do, we will have a significant economic, catastrophic event. Actuallys we are just fat guys. That is a losing equation from always. I fear it would take Something Like th ....
Down. They have been overfunded 10 years ago, maybe underfunded today, but may become overfunded again. That is why when you are looking at it, youre looking at it as a longterm rate. So having some underfunding in is not a lar year problem, it is just what is going on overtime. So, you know, there was a law passed in 2006 that tries to put in more s to money into pension plans. They say that if they put in more money, then that takes away from some of their profits, and other things they could be doing. And there is a balancing act between putting in enough money and putting in too much money. So that is what washington is dealing with. Host we appreciate you coming on. Guest thank you so much. Host coming up next, the of the attorney general a new states, he has book a conservative and compassionate approach to Immigration Reform. Well be talking about that. Here are some of the programs you will find this weekend on the csp ....