Bringing housing and affairs will come to order. Thank you from our eight witnesses today. Senator, thank you for your work on this. The eight bank ceos appearing before us today lead the biggest global systemically important banks of the United States of america, your banks hold nearly 15 trillion in assets, manage trillions of dollars of investments and retirement accounts, fund the Biggest Companies in our country. You hold nearly half the nations deposits, more than 80 trillion in client assets, your banks touch almost every aspect of our Financial System and working americans money, even if they are not your customers. All of that makes you eight of the most powerful people in the country, the banks iran are so large, so complex, so interconnected, that their distress or failure could pose a threat to the entire global Financial System. You may be private companies, but the risks you take and the mistakes you make dont just affect you, they dont even just affect your customers, no
Bringing housing and affairs will come to order. Thank you from our eight witnesses today. Senator, thank you for your work on this. The eight bank ceos appearing before us today lead the biggest global systemically important banks of the United States of america, your banks hold nearly 15 trillion in assets, manage trillions of dollars of investments and retirement accounts, fund the Biggest Companies in our country. You hold nearly half the nations deposits, more than 80 trillion in client assets, your banks touch almost every aspect of our Financial System and working americans money, even if they are not your customers. All of that makes you eight of the most powerful people in the country, the banks iran are so large, so complex, so interconnected, that their distress or failure could pose a threat to the entire global Financial System. You may be private companies, but the risks you take and the mistakes you make dont just affect you, they dont even just affect your customers, no
Goldman sachs, wells fargo. Senate Banking Committee oversight hearing is about 3 hours. Senator scott, thank you for your work on this. The eight bank ceos appearing before us today lead the biggest global systematic banks in the United States of america. Your banks hold nearly 15 trillion in assets, manage trillions of dollars of investments and retirement accounts, fund the Biggest Companies in the country. You hold nearly half of the nations deposits, more than 80 trillion in client assets. Your banks touch almost every aspect of our Financial System in workingamericans money even if they are not your customers. You may be private companies but the mistakes you make dont just affect you, they dont even affect just your shareholders or just your workers, the mistakes you make affect the whole economy and as we remember from 2008, 2009 they can certainly affect american taxpayers. That amount of enormous power should also come with enormous responsibility. We finally have financial w
Russian peacekeepers delivered another 190 tons of cargo for the population of nagornokarabakh, according to information from our ministry of defense, including food and fuel and lubricants. In addition, because of the martuni region, another 70 people arrived in stepanakert, accompanied by our military. In total, the location of the russian contingent. Now there are approximately 700 civilians, more than half of these, all children are provided with food. We are with the help of medical personnel. Yes, she did not refuse to conduct a joint investigation after the explosion of the pipeline to nord stream 1 and nord stream 2, our ambassador to the kingdom Vladimir Barbin spoke about this. According to him, copenhagen in most cases did not provide legal assistance. The russian Prosecutor Generals Office received answers to only one request which had virtually no effect on the outcome of the body; let me remind you that the explosion on nord streams occurred a year ago in the Economic Zon
Good afternoon everybody. The subcommittee will come to order. I have to apologize in advance. I have to step out and have asked congressman to preside in my absence. So thank you for that. I want to thank everybody for joining us for todays hearing of the subcommittee on Economic Opportunity where we will begin our first oversight hearing on the implementation of hr 3218, the harry veterans assistance act of 2017 this bill was designed or signed into law on august 16th, 2017 and a great example of what congress can do with we put the American People and in this case our Veterans First and foremost in addition to the efforts of chairman row and other members of this committee, it was it result of the good efforts of many of our vsos. Two of whom are joined with us on the panel, student veterans of america. This was the first major improvement to the gi bill since 2011 and brought forth by many members of this house. To serve either in uniform or along side their active duty spouse or p