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Laundering concerns. They are no longer dealing big banks are no longer dealing with Community Banks because of know your customer concerns. We would recommend to remedy this situation, a, we eliminate fsoc, a regulator composed of regulators. Its a huge redundancy and double jeopardy in the system. Eliminate ambiguities in the terminology and then finally to carve out some protections for the 99. 999 of all american businesses and Financial Institutions that have nothing to do with this regulation. To wrap it up in just a second. Two years ago i testified to this committee. I asked the questi...

Their product. Removing this is detrimental to Rural Communities like i represent in washingtest virgin. I will continue to work with the chairman, and i yield back. Chair now recognizes the gen gentlelady from new york. Welcome to chairman frank. We miss you and it is great to see you. This legislation bears your name and was the most sweeping overhaul of Financial Regulation since the great depression. When the Investment Company act of 1940 was passed it was called at the time and i quote the most intrusive financial legislation known to man or beast. That is now the cornerstone of the larg...

Affect Company Profits . Andy murray beats Alexander Zverev in new york. Its his first win over a top ten player for more than three years, as he hits form ahead of next weeks us open. And meet baby nev, the latest addition to a sporting dynasty but will he follow in the famous familys footsteps . I dont know. Its something that we wont pressure him into, but i think for us if he doesnt actually be able to play sport wed be absolutely gutted. Good morning. Storm francis will affect much of the uk today, bringing torrential rain and unseasonably strong winds. This robson is likely. Details late...

Welcome to countdown, i am mark barton. Ready to deliver the stories that will drive your day. In ukraine,ents protests in the eastern part of the country escalate. Johnson ferro has insights on Mario Draghis comments on monetary is in hong kong following the deal for glencores peruvian mine. Camouflaged gunman fired on kiev Government Troops killing one service man and wounding five. The ukrainian president spelled out a deadline for prorussian separatists to lay down their arms. That ends now. What next . According to the deadline, he said that the National Security and Defense Council has d...

This morning after the dow and the s p toastposted their best gains of the year. And carl icahn said one company has the worst Corporate Governance hes ever seen and Steve Ballmer making his first address since leaving microsoft, he did not disappoint coming to you later this hour. But first up well start with the markets, stocks coming off a record session, the s p a record high and the dow and the s p having their best day since december 18th. And adp showed the economy created fewer private sector jobs in february as the cold weather restrains hiring. You said the data has been okay. The du...