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Let me try to call this full have stored or, if i may. Welcome to brookings. My name is bill gholston , senior fellow here in governance studies. Thanks so much for coming and welcome also to the people who are watching this event live on cspan. Todays topic is the past, the present and possible future of the u. S. Senate. The location of this discussion is the publication of ira shapiros second book on the senate. This one entitled broken can the senate save itself and the country those of you who read his first book on the senates will know how passionately he reveres the senate as an instit...

Nobody had the responsibility to deal with emerging threats before they caused damage to our economy. That is why we created the Financial Stability Oversight Council as part of dodd frank. Fsoc filled that void. It serves as an advanced warn ing system to identify and address posed by large complex companies, products and activities before they threaten the economy. The counsel has ensured that for the first time that our financial regulators are working collaboratively to identify and respond to emerging threats to Financial Stability, and with their february announcement outlining enhanced ...

Employees will be trained. 29 of Commuter Railroads will be installed by the end of 2015. And full implementations is predict jekted by 2020. They will finalize enforcement for those railroads that will miss the deadline. As for any regulatory enforcement posture our goal is to bring Railroad News compliance as quickly and safely as possible. Starting on january 1st, fra will impose penalties on railroads that have not implemented ptc and fines will be based on penalty guidelines which establish different penalties based on violations and will be assessed per violation, per day. The total amou...

We appreciate your staff bringing you in. Before i make my opening statement, we all have had an opportunity to look at some of the coolest things here. It is a bit unusual for a Committee Hearing to have a smithsonian artifact here. Everybody will have a chance to take a look at the mall. They are really unbelievable. You have some meteorites here. Sort of makes you think dress part. Think of jurassic park. We have the first artificial heart. A picture of harriet tubman. Somebody took a lot of pride in keeping that picture. Everyone will have a chance to take a look at these artifact. We thou...

Reports of a chinese stateowned Company Looking to buy the semiconductor giant. The deal may have a tough time getting through regulators. Could another suitor be waiting in the wings . Well find out. Wells fargo turning in a solid quarter posting a decline in Mortgage Applications this morning. John shrewsberry will join us to discuss whether he sees a slowdown in housing. We are seeing a rally in the price of oil. We are going to ask about that. What is going on with oil . I think some of this deal was priced in. We had several days of imminent announcements of a deal. When the deal came, i ...