Silicon valley bank and Signature Bank collapse. S. The hearing took place before a House Financial Services subcommittee and runs about 90 minutes. Without objection, all members will have five legislative days to submit extraneous materials to the chair for inclusion in the record. I would like to take five minute heres for a brief opening statement. Mr. Huizenga congressional oversight a a constitutional authority, used to maintain the well being of government. This is a lesson i learned from my fellow congress sorry, weve got to make sure we get the timer going. There we go. This lesson of oversight was something that i learned from someone who is considered the lion of the house, john dingell. He was still in congress when i first came here and he taught me a couple of things. One, he called it the tyranny of the vote. Didnt matter who you were with, what you were doing, what was happening or where you were. When they rang the bells we had that time to go to the house floor to vot
Minutes. Without objection, all members will have five legislative days to submit extraneous materials to the chair for inclusion in the record. I would like to take five minute heres for a brief opening statement. Mr. Huizenga congressional oversight a a constitutional authority, used to maintain the well being of government. This is a lesson i learned from my fellow congress sorry, weve got to make sure we get the timer going. There we go. This lesson of oversight was something that i learned from someone who is considered the lion of the house, john dingell. He was still in congress when i first came here and he taught me a couple of things. One, he called it the tyranny of the vote. Didnt matter who you were with, what you were doing, what was happening or where you were. When they rang the bells we had that time to go to the house floor to vote. The other was, our constitutional standing, our obligation, frankly, of oversight of administration. And he was an expert at that. Didnt
Democracy. Watch video on demand any time online at cspan. Org. And try our points of interest feature, a timeline tool that uses markers to quickly guide you to news worthy and interesting highlights of our coverage. Use points of interest any time online at cspan. Org. Michael cn official at the Government Accountability office, testifies on his agencys review of now Michael Clements testifies on his agencys review of the Signature Bank and Silicon Valley bank collapses. This runs about 90 minutes. Without objection, all members will have five legislative days to submit extraneous materials to the chair for inclusion in the record. I would like to take five minute heres for mr. Huizenga i would like to take five minute heres far brief opening state. Congressional oversight is a Constitutional Authority used to maintain the well being of our system of government. This is a lesson i learned from my fellow congress sorry surt the timer going. There we go. This lesson of oversight was so
Are in charge. Every year we bring up these debates because i have been active in this field for many years, the academic debate of elites, elites, i remember this 15 years ago, the elite had an idea like this, but he said that no one would take us over, sir, i made this up , someone took us seriously. It has not been delivered. Look , there have been supportive policies. No one denies it in different governments, but when it comes to action, ask them to support this elite. We didnt want to, we did this for ourselves, what do you do now, considering this experience , according to what mrs. Ahmadi has said about these problems, i am not saying that 0 to 100 will be solved , it will be reduced, it will reach a certain point, and then come with enthusiasm and tell me, sir. I have this idea. Yes, mr. Baaima, in the National Elite foundation, what we are obliged to do according to the foundations statutes and the foundations strategic document approved by the Supreme Council of the cultural
Bay View Nursing and Rehabilitation Center was placed under the Minnesota Department of Health's management last year due to 'precarious' finances. Now, residents will be relocated as soon as possible, MDH says.