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July 7, 2024
Order. Without objection, share off the rise to the clearer recess at anytime. This hearing is entirely on youll test when it secretary the treasury of the state of the International Financial system. Without objection, all members of five minutes within which to submit extraneous into aerials to the chair for inclusion in the record. I will note of the outset of this hearing we have a hard stop as a crew to see the secretary at one pm this afternoon. We will strictly observe it. Now i recognize...
July 7, 2024
Competition. Ariza senator Kyrsten Sinema chairs the senate commerce, science, and transportation subcommieeearing. [inaudible conversations] [inaudible conversations] the subcommittee is now in der. Welcome everyone to a hearing on the u. S. Senate space and science subcommittee. Thank you to each of our witnesses for the participation today. Thanks to her subcommittee rankg member smith for worng with me on these issues and future capital and Ranking Member cz for their collaboratio a thriving...
July 7, 2024
Next time. [applause] our live coverage continues now or three marks from the San Francisco Federal Reserve Bank President mary daly who as an event hosted by the brooking institution. We joined the slide in progress here on cspan. I think my team calls extreme data dependent where i will be watching and looking at people asked me this question, i think it is an important one, common or public data releases will we get before the meeting . If date adjustment public data releases, probably would ...
July 7, 2024
Your time. Excellent points, we will be talking about technology in the next panel and the interagency process and telling whats going on is really important. Your range of expertise on this matter is is super impressive and your range of knowledge a lot of people dont know all these Little Things about you like your 1990s and all the hiphop aaits a great to check on these issues and on the substantive issues as well. I really appreciate your help this was a fantastic conversation. Thank you. We...
July 7, 2024
To ai. Thank you, secretary, for joining us. We know this is an extremely busy period here for you, and we are really honored to have you. We are here to talk about mdis in the wake of Silicon Valley bank and mdis and investments of interest, to say the least, for the biden administration. Maybe just for context, can you give us a hint of the range of programs up to this point that have focused on mdis at the Treasury Department, just to sort of set the stage . I think we are losing your we have...
July 7, 2024
Oversight of wall street. Topics included International Competitiveness of us banks, proposed regulations that increased Capital Requirements aexrand access to capital for Small Business owners,veterans and underserved communities. Piggy โ hauser affairs will come to order. Senator scott, thankyou for your work on this. Ceos appearing before us daithe biggest global systemically important bankswi in the United States of america. Thanks old nearly 15 trillion in assets, manage trillions in inves...
July 7, 2024
Hearing runs just over an hour and a half. Its no secret Artificial Intelligence is having a moment in her lives in myriad ways. The workplace is no exception. Just yesterday President Biden signed an executive order focused on ai governance, critical step in our nations overall approach to how we integrate ai to how larger and larger parts of our lives. This is just the beginning. To make sure our workforces position for success, we want to know how ai is being adopted and how ai is being used ...
July 7, 2024
Witnesses and representatives also discuss the issue of data privacy and the need for federal regulation. The subcommittee will come to order in the chair will recognize itself for an Opening Statement for five minutes. I will spend my first little bit to say we have news on our Ranking Member and we Exchange Messages over thanksgiving weekend. What a wonderful lady, what a wonderful person and someone who really puts this committee, the subcommittee and the institution of congress. We have anot...
July 7, 2024
Sources supposed consumers. This is about an hour. Expect complex. Thank you for coming up the first u. S. Regulations were drafted when than a century on the 1820s the one i remember it was steamboat of the coast guard that led to the whole safety regulations we see now. Fifty years ago we entered a period of deregulation. We found the balanced approach looks at the burden on companies. Listed needs and safety and security. I got this from michael dan eichler to give him credit and avoids Techn...
July 7, 2024
Source. This is about an hour. Thank you for coming out today. The first u. S. Regulations were drafted more than a century ago. The one i remember was a steamboat explosion that led to safety regulations that we see now. 50 years ago we entered a time of deregulation. We found is a unique balance that looks at the burden on companies, the needs of safety and security. Also, it avoids Technology Specifics as much as possible. That would be an ideal system moving ahead. We are going to talk about...