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[inaudible conversations] good morning, everyone. Good morning. Our team is here. The subcommittee on Capital Markets and gics will be hereby called to order. Todays hearing is entitled continued oversight of the secs offices and divisions. Without objection the chair authorizes a recess of the subcommittee at any time and also without objection, members of the Financial Service committee who are not members of the subcommittee may still set and participate in todays hearing. At this point i will now recognize myself for three minutes for an opening statement. So today the Sub Committee will c...

Playing field when it comes to safety and safety recalls. Last were we succeeded in getting legislation passed in the Republican Congress to prohibit rental Car Companies from renting out cars that are under safety recall. So if you have a rental car company with a fleet over 35 vehicles, it is starting in june going to be a federal crime to rent out a car with an open safety recall. But taxicabs, limousines are regulated at the local level. I dont think they even check when they do the annual inspections to see whether the safety recall work has been done. We have been looking into this, and ...

In the bucket that compares to the challenge that is likely to come. Am i wrong . Is that a strategy thats the wrong way to go about it . Im not sure you would get a majority of votes in this body for it. I think the vote we had about using military force against the use of chemical weapons against civilians barely got a majority in this committee and likely will not get a majority in the senate or in the house. Still if the administration were to advocate strongly for it, there is some bipartisan support for the notion. As folks who do this work, am i looking at this wrong . Senator cain, i h...

Will take place. Of course, all of this is happening as a result of the current house speaker, john boehner, announcing last friday that hell be resigning at the end of october. This meeting by the House Rules Committee expected to get under way shortly. Theyll consider the rules for debate on a bill that would gave states flexibility in denying funds under medicaid to planned parenthood or other groups that provide Abortion Services. That bill coming to the house floor tomorrow. The legislative agenda in the house today includes a couple of bills that make changes to the 2010 health care law,...

After spending years calling on congress to take action today president obama is unveiling his plan to reduce gun violence using his executive powers to put the focus on background checks. Welcome to your world this morning im stephanie sy. Im dell walters and part of a push for the final year in office to tackle what he is calling the most frustrating issue of his presidency and Al Jazeera Libby Casey is live for us in washington and libby there has already been republican push back ahead of announcements and what are politicians where you are saying . Immediate reaction dell from republicans...