christ next a hearing on how the military is combating misinformation campaigns targeting the u.s.. the house armed services subcommittee on intelligence and special operations heard from defense and special operations officials. thank you everyone for joining us. please take a seat. before i get going i had do some web x instructions for house at. here we go. members who are joining remotely must be visible on screen for the purposes of identity and participating in voting. those numbers must continue to use the software platform function while in tendon laissez extremes issues or technical problems that render them unable to participate on camera. if a member expresses technical difficulties, they should contact staff. participation will be broadcast in the room and via the television through internet feeds. members participating remotely must seek recognition vote verbally and must mute their microphones when they are not speaking. they reminded to keep the video funct
a hearing on the issue. watch it live monday at 11:00 a.m. eastern on c-span two, online on c-span.org or listen with the free c-span radio app. next, a hearing on how the military is combating misinformation campaigns targeting the u.s. the house armed services subcommittee on intelligence and special operations heard from defense intelligence and special operations officials. intended to damage democracy and deepen political divisions. this is about an hour. thank you, everyone, for joining us. please take a seat. before i get going, i had to do some web ex instructions. members who are joining remotely must be visible on screen for the purpose of identity verification, establishing a quorum, participating in the proceeding and voting. the members must use the video unless they experience connectivity issues or other issues that render them unable to participate on camera. video of members s participation is broadcast in the room and television and internet feeds. membe
okay. good morning. welcome. i call to order the subcommittee on oversight. i want to thank everybody for joining us today. we re holding this hybrid hearing in compliance with house resolution 965. accordingly, i am joined but members here in the hearing room as well as approximately ten members on the remote platform. that s outstanding, and i want to thank them for joining us. before we turn to today s important topic, i want to remind the members of a few procedures to end-us navigate ther the help us navigate the terrain here. first, consistent with regulations, the committee will keep microphones muted. for those participating virtually to limit background noise. [inaudible conversations] we ll pause for one moment. [background sounds] members are responsible for unmuting themselves, unmuting themselves when they seek recognition or when recognized for their five minutes. members here in the hearing room also are reminded to keep your microphones muted when you ar
come to order. without objection, the chair is authorized to declare recess of the committee at any time. this hearing is entitled holding wells fargo accountable and ceo perspectives for the bank that broke americas trust. i now recognize myself for five minutes with an opening statement. today, wells far go ceo, charles scharf, will testify before the committee about how he plans to end wells fargo egregious battle of abuse. he s the third wells fargo ceo to testify before this committee and less than three and a half years. i will note that each time wells fargo ceo testified before this committee, he has resigned soon thereafter. mr. charles scharf, you have taken on a massive challenge and while i certainly wish you luck, it is clear to this committee that the bank you inherited is essentially a flawless organization that has caused widespread harm to millions of consumers around the nation. wells fargo has opened 3.5 million fraudulent accounts with their customers name
waters: the committee will come to order. without objection, the chair s authorized to declare a recess of the committee at any time. this hearing is entitled promoting stability, reviewing the administration s deregulatory approach to financial stability. i want to inform all concerned that this meeting will end at 1:00 per the request of the p.m. secretary. i now recognize myself for four minutes to give an opening statement. so let me welcome back secretary mnuchin. today, we are here to discuss the trump administration s actions that have undermined and not promoted our nation s financial stability. as i have said many times before, i am very concerned about this administration s actions to eliminate important protections for consumers, investors and our economy. it appears that our banking regulators are following the deregulatory blueprint that the treasury department, under secretary mnuchin s leadership, has mapped out point by point and rolling back many of the cri