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
But in no event shall debate continue beyond 11 50 a. M. Chair now recognizes the gentleman from illinois, mr. Shimkus, for five minutes. Shimkus thank you, mr. Speaker. Mr. Speaker, another group that to pause and thank is my Campaign Team and supporters. How diverse this group is. They are young and old, they are live in poor, they towns, villages, and isolated country roads. Ideology, rvative in they identify as republicans, libertarians, and even independents. These are the people who walked parades. They helped pass out balloons, political signs. Hey took down signs of all sizes. They organized fundraisers both big and small. Manned booths at county fairs. What causes people to give up talent, and heir their possessions to a candidate, party, or cause . T is at the heart of a representative democracy, our constitutional republic. Going to cast a vote for you, shouldnt you know their beliefs . About an l strongly issue, wouldnt you want to help a kind red spirit . Started to run fo
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
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
To covering congress. Today in the Senate Lawmakers will debate the nomination of eileen cannon to be u. S. District court judge for the Southern District of florida. Votes are expected at noon eastern. Now live to the floor of the senate here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Black, will open the senate in prayer. The chaplain let us pray. Eternal master, we honor you for your glory and strength. Your glory fills us with reverence and your strength inspires us with courage. Bless our lawmakers. Inspire them to find fulfillment in the splendor of holiness. Lord, remind them that you expect people of faith to illuminate the darkness of this world with exemplary actions that prompt people to glorify you. May our senators remember that their conduct, particularly during times of adversity, has longterm consequences. Lord, we praise you that you continue to rule our universe. We pray in your awesome name. Amen. The president pro tempore p