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Cspan2. The chair of the securities and Exchange Commission, jay clayton, testifies about s. E. C. Priorities and the agenda including a data breach last year. Also the recent equifax data breach which affected 143 million americans. The Senate Banking Committee Held this hearing last week. Today we will receive testimony from securities and Exchange Commission chairman jay clayton regarding the work and the agenda of the s. E. C. Thank you mr. Chairman for attending here today. Oversight of the s. E. C. Is critical function of this committee. The s. E. C. Has an important threepart mission to...

Called to order. Pursuant to notice on june 30, 2017 the committee needs to consider the nominations of clarion grady to be undersecretary of management at the department of Homeland Security and hammy carter to be special counsel office. Just a brief opening remark, i think as the hearing indicated a couple weeks ago, to highly qualified candidates, simply couldnt be more impressed with the people selected to fill those incredibly important positions. In terms of the folks we are going to be voting on, we will talk about the nominees but i am pleased that we are voting on two qualified candid...

Chicken shit club. After reading your book i can see that you also answered why does it appear that the Justice Department fails to prosecute executives so lets begin. Why . I cant wait to have this conversation. I think it is the flipside of mass incarceration in this country where we have two tiered justice systems, one group of people is proportionally for and punished to seriously and then weve got what im writing about which is a class of people rich and powerful who seem to have impunity in crime. Im talking about executives at the highest level of Corporate America not just bankers and ...

Inquiry which was why does it appear that the Justice Department failed to prosecute executives . So, lets begin. Why . Guest thanks so much for having me. I can later this conversation. So i think this is the flip side of mass incarceration in this country where we have a too. Justice system. One group of people disproportionately poor to support the people of color are punished too seriously, to punitively. And that was that what im writing about which is a class of people rich and powerful who seem to have impunity to commit crime. Im talking about executives at the highest levels of Corpor...

Subcommittee will come to order. The chairs authorized to declare a recess of the subcommittee at any time. Members of the full committee who are not members of the subcommittee on terrorism may participate in todays hearing. All members will have five minutes to submit extraneous materials for inclusion in the record. This hearing is titled the exploitation of Cultural Property, examining illegal activity and antiquities and art trade. Now recognize myself or two minutes to give an opening statement. Most of the statement will be presented into the record but to talk about the nature of the s...