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Access on cspan, cspan2 cspan radio and cspan. Org. Recently the Federal Reserve and Consumer FinancialProtection Bureau removed some lending restrictions on small banks. Next the Senate Banking committee looks at Community Banks and federal regulations. Richard shelby of alabama chairs the hearing. Next the Senate Banking the hearing will come to order. This week the committee here on banking begins an examination of potential changes to the current regulatory structure. Today we will focus on regulatory relief for smaller Financial Institutions. In the near future we will continue ....
Something that is slapped together. So its being put together by people right there. I dont get the sense that this is being imported. To the extent that im wrong that this is something more sophisticated my sense is this has happened some time ago. Once the oil is refined you have testified that the assad regime is purchasing some of the oil. Some of it is being smuggled into the southern regions of turkey where you said the price of gasoline is higher than we would expect here. If you are purchasing barrels of oil at 30 or so a barrel you have reason to know this may be illicit oil. Are we doing enough as treasury of the United States to determine who the middle men are that are purchasing oil at 30 a barrel and make sure we are following that money into what accounts . That is exactly what they are doing, identifying the middle men. That is what i discussed more explicitly in my testimony. There is also a significant more diplom ....
Step as nasa still has low confidence, 30 that it can meet the earlier date. Going forward, we have short and longterm concerns about nasas human Space Exploration programs. In the short term the programs are entering the most risky phases of development. There are still technical hurdles to overcome. Particularly with the orion spacecraft which is addressing challenges with the parachute system and heat shield among others. There is also considerable development and testing ahead for orion in terms of the human support systems. Meanwhile, sos is continuing to pursue the earlier launch dates of december 2017. While nasas urgency is understandable, the schedule for achieving the earlier date mostly with respect to the core stage is very aggressive. Theres little room to address problems. Moreover, it does not appear that orion and the ground system can achieve the earlier date. And the longterm we have concerns about the cost es ....
I think breaking down those boundaries between different parts of government is very much something that weve seen and its translated into legislative action as well. Asset freezing recall, legislation that many countries have adopted. So a holding measure. E. U. Has done that. Switzerland has done that. Just after arab spring. A list of these persons, freeze their assets now. It is not a judicial freeze in the context of judicial action. It is an administrative freeze giving the countries time to prepare their judicial action. I think that sort of innovative legislation is happening. The civil forfeiture legislation that i think in america has been around for a very long time but in many other countries is still relatively new. You see that i wouldnt say proliferating but you see countries taking up those sort of legislations, so what we call nonconviction based legislation where you connect the asset to a crime. Typically on the balance of probabilities. Wont go into too many details ....