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[indiscernible conversation] good morning and welcome. I would like to thank our witnesses for their testimony and staff for preparing todays hearing, and thank you to the commissioner, it is an honor to cochair with you today. While this Commission Deals with a variety of issues in the u. S. China relationship, todays hearing focuses on a topic that has rightfully emerged at the forefront of the policy debate in both chambers of congress in recent months, technology. While much remains uncertai...

[indiscernible conversation] good morning and welcome. I would like to thank our witnesses for their testimony and staff for preparing todays hearing, and thank you to the commissioner, it is an honor to cochair with you today. While this Commission Deals with a variety of issues in the u. S. China relationship, todays hearing focuses on a topic that has rightfully emerged at the forefront of the policy debate in both chambers of congress in recent months, technology. While much remains uncertai...

Exchange Commission Chair and we take you to that hearing now. [captions Copyright National cable satellite corp. 2023] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] fraudsters use Cyber Attacks and ai attacks to scam cyberspace. It is unfair Playing Field entrenching the rich of her hardworking americans. The sec has its work ahead of it to protect those families whose savings are in the market. Things h...

Shes off today. Also my birthday. We share the same birthday. Happy bee late. Welcome to Worldwide Exchange from us both. Lets have a check in on markets right now. We are by a quarter of 1 as you can see. The dow expected to open 33 points higher. Friday took into positive territory for the week. Friday, took us into positive territory to the tune of half a percent of that strongs jobs number. We also saw the bond markets retookt that. Some selling of the bonds allowing yields to tick up slight...

Salami slicing. Very small increments advancing interests by building up islands, adding another weapons system, making small moves, none of which is egregious enough tow cause the United States to use massive hard power but would we slowly tip the balance in chinas favor. We dont have a strategy to counter that. Deterre our hard power capability, the weapons you have described, this is a deterrent to world war iii, not to intelligent gradualism. We need a better policy. From florida, independen...

[inaudible conversations] good morning, everyone. Good morning. Our team is here. The subcommittee on Capital Markets and gics will be hereby called to order. Todays hearing is entitled continued oversight of the secs offices and divisions. Without objection the chair authorizes a recess of the subcommittee at any time and also without objection, members of the Financial Service committee who are not members of the subcommittee may still set and participate in todays hearing. At this point i wil...

Global tax rules that could squeeze profits. First, to our lead, the man who cofounded and rent twitter and ran before being ousted in 2008 is back on the job for good, at least for now. Twitter, naming jack dorsey its permanent ceo. He remained ceo of mobile payment firm square that is expected to go public this year, this despite the board saying they wanted someone who could commit fulltime. Dorsey made the case on twitter, and he did it in a series of tweets, saying i have been ceo of both c...

And giants like Facebook Google get ready for new local tax rules that could squeeze profits. First, to our lead, the man who cofounded and rent twitter before being ousted in 2008 is back on the job for good, at least for now. Twitter, naming jack dorsey its permanent ceo. Mobileined ceo of payment firm square that is expected to go public this year, this despite the board saying they wanted someone who could commit fulltime. Dorsey made the case on twitter, and he did it in a series of tweets,...

Of zika virus are reported across the u. S. Territories. Prices on condoms have been frozen after two new cases of sexual transmission of the virus in texas. People watching saturday night live this weekend may think they are seeing double. The Bernie Sanders Campaign Says he will be in new york for an appearance on snl. Larry david will be hosting. He does a spot on impersonation of the senator. Nbc denied to comment. Global news 24 hours a day powered by our 2400 journalists in more than 150 n...

The justices will take up gay rights cases that asked them to overturn bans and declare to the entire nation whether people can marry the partners of their choice, regardless of gender. The decision is likely to come in late june and could bring gay marriage to 14 additional states where it is now illegal. Citigroup, the Worlds Largest currency dealer, lost 150 million after the swiss Central Banks move. The losses on the thanks trading desks are not related to banks trading desks are not relate...