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June 20, 2024
War on the poor. My district is also very low income. Manufactured housing is a big deal. 50 of the homes in my district are manufactured housing. And yet, the policies really made it very difficult for banks to lend on that. I suspect that your staff has made known to you that these pressures exist. Have you all discussed that in any greater detail that wed need to look out for the people on the low end of the income spectrum . Well, qm was a policy adopted by the Consumer Financial protection ...
June 20, 2024
Case it was constitutional for them to establish id. They did not say the state to a subsequent let me finish. You misrepresented what i said. The Supreme Court as the law of the lan. When i hear these accusations that black people, voter id l affectproportionately minorities, to me if white americans can get ids to vote and to the processes to follow the laws, what are you telling black people . That somehow they are not good enough . They are lesser then . That is what bothers me about the rhe...
June 20, 2024
Protection from moscow. Adam you may be better off asking somebody at the securities and Exchange Commission elizabeth no wiki on the new report that says sec regulators are benefiting by trading on inside information. Right now bitcoin bombshell, one of the Digital Currencys Biggest Online exchanges has filed for bankruptcy protection, jo lin king and has been all over the story and joins us with the latest blow to bitcoin. All was unfolding and looks like serious drama. We lost half a billion ...
June 20, 2024
Deja vu all over again. Look at these big names. Google, 1222 per share. Priceline slipping a little. Netflix down. The point is not the movement today. These very lofty levels. Fourteen year highs right there. Charles. Any resemblance to the 1999 bubble . There is a resemblance. You answered your own question. In 1999, there were no earnings. They were making Business Plans. These are things that we actually use. They are not acronyms where we do not even know what they mean. This time the mone...
June 20, 2024
Stock markets around the world are on edge. The dow down five days in a row falling nearly 160 points friday and early indications are those losses could be much worse if there is no deal. Consumers are jittery too. Their confidence in the economy plunging for the second straight month falling to its lowest level since august. So thats where we begin. Lets get the latest from two top senate leaders. Joining us now, senator Chuck Schumer of new york, senator jon kyl of arizona. So, gentlemen, do ...
June 20, 2024
Former vermont governor howard dean, former minnesota governor tim pawlenty, todd purdum of vanity fair and Maggie Haberman of politico. Vanity fair and man of politico. And Maggie Haberman of politico. You are looking at live pictures of capitol hill over the next 12 hours, what happens there or what doesnt happen will cut to the very heart of your financial future and the fate of our struggling economy. Good morning, im Jonathan Karl with a special edition of this week. George is off for the h...
June 20, 2024
Terms of youre not truly anonymous. There is an encrypted version of who owns what. So one concern about the, if you will, the reliability of the currency is whether that encryption can actually be broken. So i want to ask that question. There are some very powerful code breakers in the world. And we certainly have cussio discussions about our own u. S. Capability to break codes quite often up here. But the second is weve had this series of reported crimes. One was a Bitcoin Savings and trust wh...
June 20, 2024
Tools to protect and prevent illegal activity. In terms of your second question on international regimes, i think its important to note that many of these evolving alternative Payment Systems are in response to consumer demand. And as weve seen in europe and as weve seen in canada and elsewhere, there is a big demand for more realtime payments at lower transax costs. Including transmission of money from one country to the next. Ours has not evolved over the past four years. I know this has poten...
June 20, 2024
I send examiners out every day to conduct examinations to do transaction testing, money going abroad. So we have the boots on the ground and a local understandint that these companies. Then we pair that with the National Perspective and knowledge of federal agencies who also interact on an international level. By by leveraging these strengths, i think we do a much better job ah detecting and preventing this de illegal activity. I appreciate bothnt those answers. Do you have a sense about the imp...
June 20, 2024
N. C. A. A. Model. Adam what will happen if College Sports cant unionize . Tweet us at cheryl at cheryl casone. Cheryl unions make a ton of sense. And the biggest loser on the s p 500. Diving today after the video game posted Fourth Quarter earnings, analysts expectations. Competition for walmart in their use videogame market, the company is diversifying in other fields. Joining me exclusively is game stop president tony bartels. Thanks for coming gone. Good to have you again. Tough to see the S...