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So i certainly hope they would be but i have no confidence as i sit here right now that they will. Senator nelson when, mr. Secretary, when you look at a map like this, a map of syria that i assume you handed out, somebody did thats a mess. And maybe it is the only solution is the solution of a political exit for assad so that we can go after these extremist elements. By the way, i had to leave the committee to do an interview on cnn, and the whole focus that they wanted to jump on was your stat...

Wouldnt a level Playing Field as you said from your testimony, we have concerns about things like there is a some Data Retention obligations and we think you could do it differently. There is a best interest contract framework and weve heard feedback from folks saying it is clunky and there is a more streamlined way to do it. We have a point of sale disclosure requirement and people have said that that is not necessary. And so what weve done in every circumstance when someone said that the best ...

Blogger undeniably some bad apples, this is not a case about bad people doing bad things. The majority of folks and nospace are trying to do the right thing every day. Enough of the problem is good people operating within a structurally flawed system. A market that sees personal financial interest of the advisor in the firm all too frequently missed the links in the best interest of the country. The result is what we saw happen. Our goal is straightforward to align the best interest of the custo...

Other sister agency. Its a meritorious move. You said is, quote, good people operating in a flawed system. Would you explain that . Sure. There is a misalignment between the incentives that a person giving advice has and the best interest of the consumer. So, for instance, again, getting back to the tofels, if you have four or five different products under the current suitability rule that are suitable and product the first product, the variable annuity generates 26,000 a year in fees and anothe...

All that would have otherwise gone toward retirement in addition to any pension plan they had but isnt available any more. We know that workers are not saving enough for their retirement. We know, as youve outlined, there has been a real shift from defined benefit to defined contribution plans. And that shift puts more responsibilities on workers shoulders to manage risks and to manage the decisions. Oftentimes without having investment expertise. Youve actually covered a lot of trt that i hope ...

We were looking at here is we turned south just a little heading back toward kenwood. You can hear the fire trucks going up and down highway 12. That is because this area started flaring up. This is a main concern the firefighters are dealing with. The reason why, there is a Communications Repeater right at the top of that ridgeline, that right that white box at the top of the ridge is essential for radio communication. They have been making drops on that. We will talk more about that incident c...

There was fighting amongst Government Troops and kurdish forces. A came as the International Agency warned that geopolitical tensions could disrupt the rebalancing of oil markets, which would otherwise happen next year. Here is our exclusive interview with the iea executive director. Very strong growth for oil them and this year, 1. 6 Million Barrels per day is strong growth. Also next year, we see 1. 4 Million Barrels per day. Expects of supply, we the United States, canada, a decent amount of ...

Highs as exports from Northern Iraq fell amid fighting between kurdishnt troops and forces. It came as the agency warned geopolitical tensions could affect the rebalancing of oil markets. Heres our exclusive interview. What we see in terms of demand, very strong growth of oil demand this year. About 1. 6 Million Barrels per day strong growth. We see 1. 4ear, Million Barrels per day. Again, strong demand. In terms of supply, we expect the United States, canada, a decent amount of oil to the marke...

The two things we are focused on , the middle cap middleclass give a tax cut, and it the Corporate Tax rate is as low as we can get it. Senate finance will consider plan next week while the house bill will go to the floor for debate. Consumer confidence in the u. S. Stayed high. The Consumer Fund act stayed in afidence was range that is close to a 16 year high. Talks have resumed. Both sides are hoping to agreement by the end of the year. Wants to get a deal quickly to move on to negotiations on...

Reference to the improvement we have seen in the labor market from just the past several months to the beginning of the year. They have done this before especially as they are winding down the bond program. If it does not satisfy what theyre looking for, they will extend the time and looking for and since the beginning, the labor was great here and we will raise rates and continue to do so. We continue to shout out to someone 18 months ago. That was your colleague. 18 to 24 months ago, they move...