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Is titled concern continued oversight on Regional Bank failures. Without objection, all members will have five legislative days to submit extraneous materials to the chair for inclusion in the record. Without objection, the chair is authorized to declare a recess of the committee at any time. With that, i now recognize myself for four minutes. Todays hearing will help the Financial Services committee learn more about recent Bank Failures, including management missteps, supervisory failures, and rapid fire bank runs in the age of social media. I think our witnesses for testifying today. The recent banking crisis was fueled by failed Bank Management, lack of hedges against Interest Rate risks, failed military policy, failed supervision, and overspending by the administration and democrats that led to historic inflation, prompting increased Monetary Policy action. Today, we will hear about what went wrong from the Bank Management themselves in state regulators. This is important, as the c
Regional-bankRecess-committeeFinancial-servicesFinancial-services-committeeServices-committeeRapid-fireFire-bankBank-runsInterest-rateMonetary-policyBank-managementCommittee-stillIts another storm team 4 alert day and we have when you need to pack the umbrella. Thats not going to be for awhile. The big weather story continues to be the cold temperatures. Right now 22. Winds out of the northwest at 16 miles an hour. Its really blustery out there. Look at what that does to the airport temperature. Take a look at the feels like temperature now. Feeling about eight degrees in washingt washington, three in gaithersburg and seven for you in leesburg. As we head into the overnight hours and early tomorrow morning, it stays bit early cold. You want the warm coat for the kids, the hat, the gloves and scarf. Take a look at the feels like temperature tomorrow morning around 7 00 a. M. It feels like ten. As you move throughout the day, the winds not a big issue, so it wont be as bad but still feeling like were in the teens by the mid morning hours. Again, tomorrow another cold day. Were still below ez yet. Ill talk more about that coming up with my full weather when we fin
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