Are authorized to participate. Even when they are not recognized and that they are responsible and then to convince themselves after they finished speaking consistent with the regulations and only is appropriate. All house rules related to order and decorum applied to this remote hearing. To hold financial regulators tyaccountable and in conclusion perspective from the offices of minority and women inclusion. I now recognize myself or four minutes to give an opening statement. Todays hearing focus Holding Financial regulators accountable with diversity and inclusion. Our country is facing covid19 and an economic pandemic and the fight for social justice. These challenges have reached our personal relationship in the unprecedentedys way. I appreciate all the witnesses i am hopeful we will be able to strike a balance between Historical Context with the demand of greater industry inclusiveness and transparency and accomplishment 2020 marks the tenth anniversary of the dodd frank reform ac
Testify on the impact of regulations and efforts to create more diversity in the Financial Sector. This hearing is just under three hours. The subcommittee will come to order. Without objection, the chair has authorized to declare a recess of the subcommittee at any time. Without objection, members of the full committee not on this subcommittee are authorized to participate in todays hearing. Members are reminded to keep their video function on at all time, even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to mute themselves after they finished speaking. Consistent with the regulations of House Resolution 965, staff will only mute members and witnesses as appropriate when not recognized to avoid inadvertent background noise. Members are reminded that all house rules pertaining to order and decorum applies to this remote hearing. This hearing is entitled Holding Financial regulators accountable for
Unmuting themselves muting themselves. Consistent with the regulations accompanying House Resolution 965, staff will only use members to witnesses as appropriate avoid inadvertent background noise. Members are reminded all house rules relating to order and decorum apply to this remote hearing. This hearing is entitled Holding Financial regulators accountable for diversity and inclusion perspectives on the offices of minority and women inclusion. I now recognize myself for four minutes to give an opening statement. Today, Holding Financial regulators accountable for diversity and inclusion, perspectives from the offices of minority and women inclusion. Our country is facing three pandemics, covid19 and the economic pandemic, and the fight for social justice pandemic. These challenges have reshaped our work and our personal relationships in unprecedented ways. Todays hearing is totally virtual and i appreciate all of our witnesses and members for participating. I am hopeful we will be ab
[inaudible] thank you. The subcommittee will come to order. Without objection the chair is authorized to declare a recess of the subcommittee at any time. Without objection members of the full committee not on this subcommittee are authorized to participate in todays hearing. Members are reminded to keep their video function on at all times, even when they are not recognized by the chair. Members are also reminded that they are responsible for muting and unmuting themselves, and to meet themselves after they finished speaking. Consistent with the regulations of a Company House resolution 965, staff will only mute members and witnesses as appropriate. We not recognized to avoid inadvertent background noise. Members are reminded that all house rules relating to order and decorum apply to this remote hearing. This hearing is entitled Holding Financial regulators accountable for diversity and inclusion. I now recognize myself for four minutes to give an opening statement. Todays hearing fo
Taken by the Federal Reserve the path depends of course on the virus it societies the crisis will weigh heavily in the medium term and poses keshl risk, very much a carbon copy, just a couple additions here and from the year, there was one other change that i will tell you about. It was that the path of the economy will depend significantly on the course of the virus. Kelly . We appreciate it. Were going to welcome in our fed panel. Mona hodges, david kelly and jim carron its great to have you all here. Ill go to you, dave, for what you think are the most important messages as we watch the markets so far showing little change from where we saw before the decision came out. Really whats happened since their june meeting is we have seen a surprisingly strong bounce, but then the viruses come back, and that resurgence is what theyre saying is this is not over we know its very uncertainty. The economy has a lot of recovery to do yet, and theyre going to remain very dovish while the pandemi