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CSPAN3 Key Capitol Hill Hearings May 8, 2015

Has put in place knew rules for prime institutional funds that get rid of the fixed dollar value. They will have net asset values that will reduce run risk. That aside to allow firms to impose fees something that could create Financial Stability risk that we need to watch. The so called Triparty Repo market which is a major source of shortterm wholesale funding, that contained great risks. We have taken steps important steps to mitigate. Central counterparties a thrust of reform has been to try to move as many derivative contracts as possible into central counterparties to have them. By central counterparties something that serves to reduce risk and complexity and enhance Financial Stability but when these entities themselves become systemic and clearly need supervision something that you have mentioned in imf w ....

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CSPAN3 Key Capitol Hill Hearings May 7, 2015

Culpable if not more culpable than the person who knows the facts. Youre going to send him up the river for 15 years. Again we believe is justice culpable . We think certainly its sufficient if the government can prove that the defendant knowingly distributed a drug believing it to be illegal to do so. Whether or not he knew what provision of law. Illegal because in fact its bad for animals and the law involved prevents veterinarians from using this kind of drug for animal treatment. Thats all he knows. Thats all he thinks. Now, hes guilty of this statute. That doesnt tend to show at all that knowledge that he knows its an analog. In your opinion, because he feels guilty, as perhaps he should, hes guilty of violating this law. Well, we do believe that would establish the necessary culpable state of mind. Gr can you give me any authority for that . Your example of willful blindness is an example of where in fact in respect to this law he knows there is a risk he is violating doing the c ....

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If baby formula shortage is easing, why's it still so hard to find?

The government, manufacturers and friends from overseas are all making a dent in the baby formula crisis, but recovery will still take several weeks. President Biden has used the Defense Production Act, Congress passed the Formula Act by Utah Sen. Mike Lee, the FDA has lightened regulations and WIC has loosened too. Operation Fly Formula brought in tons 61 million 8-ounce bottle equivalents. Read more to learn why families are still hunting for infant formula and what’s ahead. ....

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