Day. We ask your blessing upon those throughout our country who are suffering so much more each day. Keep safe the firefighters out west. Keep safe those who are responding to the destruction of Hurricane Sally on the gulf coast. Listen to the cries of those who have lost so much as a result of these natural covid rs even as the pandemic weeks its havoc in our communities. Here in the capitol impel with your spirit the members of congress who, more than any others, have the opportunity to address our nations needs. Give them the wisdom and ourage to do so working as a united force for good in these times. Lord, have mercy. May all that is done this day be for your greater honor and glory. Men. The speaker thank you, father. Pursuant to section 4a of House Resolution 967, the journal of the last days proceedings is approved. The pledge of allegiance will be led by the gentlewoman from michigan, ms. Slotkin. Ms. Slotkin i pledge allegiance to the flag of the United States of america and
At the same time, we generated more capital through earnings. Thats why are ratio is 12. 5 . Talk to me about the merging of the two units. What is the reasoning behind that . The Investment Bank merger is something weve been discussing for months. Even my predecessor, it was already a topic. 2015, clearlyn the two had to be separated. We had to restructure the trading business. Are at a stage or we can put them back together again. Most of our competitors have it anyway. This is not a cost exercise. There will be some cost benefits. Its really about having one overriding business to have one Investment Bank globally, one equities business. A Global Trading solution business, which build on our success. It serves our equity, fixed income, transactional business for the private bank and institutional business. How difficult was it to do this in the middle of the pandemic . Thomas it was relatively good. You get used to resume calls. Zoom calls. We had many internal calls to get this lin
Paid to the state under this subsection in a manner consistent with the description provided by the state in its application approved under paragraph 1 , the administrator may withhold payments, reduce payments, or recover previous payments to the state under this subsection as the administrator deems appropriate. d flexibility in submittal of claims. Nothing in this subsection shall be construed as preventing a state from claiming as expenditures in the year expenditures that were incurred in a previous year. 6 required uses. a premium stabilization and incentives for individual market participation. In determining allotments for states under this subsection for each of calendar years 2019, 2020, and 2021, the administrator shall ensure that at least 5,000,000,000 of the amounts appropriated for each such year under paragraph 4 a are used by states for the purposes described in paragraph 1 a ii and in accordance with guidance issued by the administrator not later than 30 days after th
Paid to the state under this subsection in a manner consistent with the description provided by the state in its application approved under paragraph 1 , the administrator may withhold payments, reduce payments, or recover previous payments to the state under this subsection as the administrator deems appropriate. d flexibility in submittal of claims. Nothing in this subsection shall be construed as preventing a state from claiming as expenditures in the year expenditures that were incurred in a previous year. 6 required uses. a premium stabilization and incentives for individual market participation. In determining allotments for states under this subsection for each of calendar years 2019, 2020, and 2021, the administrator shall ensure that at least 5,000,000,000 of the amounts appropriated for each such year under paragraph 4 a are used by states for the purposes described in paragraph 1 a ii and in accordance with guidance issued by the administrator not later than 30 days after th
Paid to the state under this subsection in a manner consistent with the description provided by the state in its application approved under paragraph 1 , the administrator may withhold payments, reduce payments, or recover previous payments to the state under this subsection as the administrator deems appropriate. d flexibility in submittal of claims. Nothing in this subsection shall be construed as preventing a state from claiming as expenditures in the year expenditures that were incurred in a previous year. 6 required uses. a premium stabilization and incentives for individual market participation. In determining allotments for states under this subsection for each of calendar years 2019, 2020, and 2021, the administrator shall ensure that at least 5,000,000,000 of the amounts appropriated for each such year under paragraph 4 a are used by states for the purposes described in paragraph 1 a ii and in accordance with guidance issued by the administrator not later than 30 days after th