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Transcripts For CSPAN SEC Chair Clayton Testifies Before Senate Banking Committee 20240711

You should have a box on your screen that shows how much time is remaining. Some trouble and ive had senators tell me they just cant find that box or they dont see it. Last hearing one of the senators asked me to give them a reminder. I will do that this time for everybody. So at 30 seconds left on your clock, there will be a tone, a bell ring to remind senators and witnesses that their time is a most expired, then at the end of five minutes, another bell will ring. That way we can all know how the clock is working even though we dont find it on our screens. Today we will receive testimony from the securities and Exchange Commission chairman jay clayton regarding the work and the. Genda of the sec thank you for your appearance before the committee today which is essential to our oversight of the sec. And welcome. You last appeared before this committee in december of last year. The covid19 pandemic hit the United States shortly after that hearing and thesec has taken many important ste

Transcripts For CSPAN3 SEC Chair Clayton Testifies Before Senate Banking Committee 20240711

Question, we will move to the next senator until resolved. I remind all senators that the five minute clock still aflies. You should have a box on your screen labeled clock that shows how much time is on your screen labeled clock that shows how much time is remaining. But we have had some troubles, and i have had senators who cant find that box or dont see it. And so, in fact, last hearing one of the senators ask me again to get a reminder, i will do that at this time for everybody. So at 30 seconds left on your clock, there will be a tone, a bell ring, to remind senators and the witnesses that their time has almost expired. At the end of the five minutes, a bill will ring. That way we can all know how the clock is working, even though we dont find it on our screens. Today we will receive testimony from the security and Exchange Commission chairman jay clayton, regarding the work and agenda of the sec. I thank you chair clayton for your appearance before the committee today, which is e

Transcripts For CSPAN SEC Chair Clayton Testifies Before Senate Banking Committee 20240711

The foretwoity was an intent. I think thats something that we should all explore. Thank you. I have worked on legislation. Its a little late in this session under your tenure that would create guardrails and prevent these kinds of failures and abuses. I think your comments were appropriate. We allow companies to still do they have to provide Real Transparency which they dont always. Have to reward workers not just shareholders. Senator brown ill close with a statement. We saw earlier this year the pandemic crashing our families, hospitals, and the economy. How the market seized the up. The s. E. C. s recent report on interconnectedness in the market offers insights but no real policy recommendations. I know that you and vice chair and represent duty pute secretary money market reforms were not good enough. It is clear your successor, the next banking regulators will need to reduce risk from interconnectedness and excessive leverage. The economy may in the future will depend on it. Than

Transcripts For LINKTV Democracy Now 20240712

Over the counting of mailin ballots continues. The Supreme Court is allowing pennsylvania and North Carolina for now to count ballots received after election day, but the high court could still hear the pennsylvania case after the election and it could decide who wins the presidey. Nc we will speak to mother jones ari berman. Then we look at big techs role in the election as Senate Republicans accuse social Media Companies of favoring democrats. But is that true . If anything,e see ma sorts of thnology platforms throughout the past four years supporting the trump agenda and a conservative agenda. Millions plunged into pandemic poverty, the senate has adjourned before passing another stimulus bill. We will look at the spike in hunger across United States. These families are basically living like on a ticking time bomb when this starts up again, how theyre going to pay their rent. Amy all that and more, coming up. Welcome to democracy now , democracynow. Org, the quarantine report. Im am

Transcripts For LINKTV Democracy Now 20240712

Over the counting of mailin ballots continues. The Supreme Court is allowing pennsylvania and North Carolina for now to count ballots received after election day, but the high court could still hear the pennsylvania case after the election and it could decide who wins the presidey. Nc we will speak to mother jones ari berman. Then we look at big techs role in the election as Senate Republicans accuse social Media Companies of favoring democrats. But is that true . If anything,e see many sorts of Technology Platforms throughout the past four years supporting the trump agenda and a conservative agenda. Millions plunged into pandemic poverty, the senate has adjourned before passing another stimulus bill. We will look at the spike in hunger across United States. These families are basically living like on a ticking time bomb when this starts up again, how theyre going to pay their rent. Amy all that and more, coming up. Welcome to democracy now , democracynow. Org, the quarantine report. I

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