Would make the balkan a debate on executive damnation of the 2020 spending. We taking live to the floor of the senate here on cspan2. The president pro tempore the senate will come to order. The chaplain of the senate, doctor black, will open the senate with prayer. The chaplain let us pray. Eternal master, we find shelter in your shadow, for you are our refuge and fortress. Lord, we place our trust in you. Rescue our senators from the forces that seek to threaten freedom. Remind our lawmakers that nothing is impossible for you. Be with them this day as they strive to serve you and country. We call on you because you have promised to answer us, so satisfy our longings with your saving power. Lord, use us all to help heal the wounds of a divided nation. We pray in your strong name, amen. The president pro tempore will you join me in the pledge of allegiance. I pledge allegiance to the flag of the United States of americ, and to the republic for which it stands, one nation under god, ind
Order. Without objection, the chairs authorized weight recess of the committee at any time. This hearing is entitled oversight of the security and Exchange Commission. I inaudible recognize myself for four minutes with an Opening Statement. Good morning. I want to welcome back chairman clayton and welcome jackson,s placement and lee to this important hearing of the secs role in risk Capital Markets. Its the First Time Since 2007, that all commissioners at this Exchange Commission have testified before the Financial Services committee. I believe it is important for the committee to hear testimony from each of the commissioners including as chairman, because he told the vote of important rally authority in these matters. They are unique reviews that the committee should be aware of. This is especially important steps that the sec is not fulfilling as wall street calls and key rules like the open rule and the rollback and our moves to implement employment reforms on issues like executive
And discussions agencies priorities including senator training and distinction over cryptocurrency. He testified before the House Financial Services committee. The committee will come to order. Without objection, the chairs authorized weight recess of the committee at any time. This hearing is entitled oversight of the security and Exchange Commission. I inaudible recognize myself for four minutes with an Opening Statement. Good morning. I want to welcome back chairman clayton and welcome jackson,s placement and lee to this important hearing of the secs role in risk Capital Markets. Its the First Time Since 2007, that all commissioners at this Exchange Commission have testified before the Financial Services committee. I believe it is important for the committee to hear testimony from each of the commissioners including as chairman, because he told the vote of important rally authority in these matters. They are unique reviews that the committee should be aware of. This is especially im
1 . 2. 1 . Ericsson right now is down more than 10 . It as well giving a sober picture of asia, saying that it may be a little bit too optimistic on profitability 2020. S for back to the main story in the United States, bank of america with record secondquarter earnings on the Interest Income despite a beat on trading revenues. Bank of america following peers lower. Here with more is the gentleman owner and finance reporter. Stocks are up, clearly not disappointing too much, but a net interest margin. The stock is up i think because the trading results are good. Fixed income trading revenue is unchanged from a quarter of the year ago and that is surprising because all of the other banks that have reported, the big banks including goldman, they had sizable declines in fixed income trading. Bank of america held on to its revenue and thats a good sign. Equities is down but sort of almost everybodys was down. So that matters just as much for these big banks in the u. S. Is what happens on
Bank in place, a little drizzle out there, but temperatures, 5060s low clouds filling in nicely here. Not much change here compared to yesterday. All that tropical moisture we talked about is visiting Southern California for the high desert. And a little bit towards the central sierra. But for us, i think we have to wait a little bit before that maybe makes a move probably later in the weekend, 60s, 70s and 80s on those temps. All right. Sal is here. I dont know, picking up cones. Something else right now we have a crash, steve, that has all lanes here on 880 blocked southbound 880 at 16th. Let me put it on the map here for you. Southbound, 880 at 16th. The couple of trucks got into it in the 3 00 hour and its been theyre closed in that southbound direction. People are being taken off the freeway. Now. It is early enough that its not causing a major delay, but i would use eastbound 580 and forget about 880 south unless you are getting on the freeway after 16th. If youre getting on at t