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
A deal to cut production iran says its exempt from the agreement along with libya and venezuela. A 2 week cease fire comes into effect in yemen but the heathy say they wont stop fighting while the country is still under siege. And hundreds of millions of children desperately needing food we look at the difficulties for aid agencies during the coronavirus crisis. So that the damage to the worlds biggest economy from the current of our shutdown is really hitting home in the past week another 6600000 people in the United States have joined the jobless queue and that means nearly 17000000 americans have now filed for Unemployment Benefits in just 3 weeks that figure is around one in 10 workers White House Correspondent can be help it says there are fears the figures could be even worse. Nothing like this scene in modern history and it is expected to be more because heres the reality the states unemployment offices are overwhelmed they cannot keep up with the processing of claims so weve ha
Welcome to this hearing on the subcommittee on antitrust policy and consumer rights. Today we are pleased to have with us the chairman of the federal trade commission, joseph simons, and the assistant attorney general for the antitrust division at the department of justice, makan delrahim. Welcome to both of you. As an initial matter, as a matter of housekeeping, we have been informed we may have a block of more votes starting about an hour from now. The practical matter, we may be able to push it to an hour and a half from now, but before we hit the recess at some point we will likely have to go to recess to cast a few votes. We will have to play some of that by ear. I apologize in advance. Theres no way to predict these in advance. It does seem to be an uncanny event, with antitrust subcommittee hearings. It seems to be a good predictor, albeit an unintentional predictor of when votes are going to occur. As both of you know, ive been critical of the fact that we have two federal agen