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Transcripts For CSPAN Financial 20240703

Senate banking, housing, and urban Affairs Committee will come to order. We hear testimony from three key regulators who see responsible for protecting your Banking System and make sure it serves all americans. The hearing comes one week after release the depended view on Sexual Harassment in workplace misconduct at the fdic. It may clear the fdic has serious longrunning problems. For far too long if leaders leaders failed to take action to protect its most valuable resource, that is its workers. The review details episodes of harassment, discrimination, and other misconduct that no one should ever have to endure, especially in the workplace and it could never be tolerated. Period. This committee and the American People, clear answers and decisive action. That includes your plan for restoring fdic culture and regaining the trust of your employees. The steps you will take to put misconduct, and discrimination and ensure victims are not silenced. And how youll ensure perpetrators are fin

Transcripts For CSPAN Financial 20240703

Senate banking, housing, and urban Affairs Committee will come to order. We hear testimony from three key regulators who see responsible for protecting your Banking System and make sure it serves all americans. The hearing comes one week after release the depended view on Sexual Harassment in workplace misconduct at the fdic. It may clear the fdic has serious longrunning problems. For far too long if leaders leaders failed to take action to protect its most valuable resource, that is its workers. The review details episodes of harassment, discrimination, and other misconduct that no one should ever have to endure, especially in the workplace and it could never be tolerated. Period. This committee and the American People, clear answers and decisive action. That includes your plan for restoring fdic culture and regaining the trust of your employees. The steps you will take to put misconduct, and discrimination and ensure victims are not silenced. And how youll ensure perpetrators are fin

Transcripts For CSPAN Financial 20240703

Cspan is your unfiltered view of government. We are funded by these Television Companies and more including charter communications. Charter is proud to be recognized as one of the best internet providers and we are just getting started. Building 100,000 miles of new infrastructure to reach those who need it most. Charter communications supports cspan as a Public Service along with these other Television Providers giving you a front row seat to democracy. Federal Deposit Insurance Corporation chair Martin Greenberg apologized and said he took full responsibility for a toxic Workplace Culture that included Sexual Harassment and Racial Discrimination at the agency. In testimony the Federal Reserve vice chair michael barr and acting comptroller of the currency michael hsu also testified on the state of the Banking System. This is about two hours. Senate banking, housing, and urban Affairs Committee will come to order. We hear testimony from three key regulators who see responsible for prot

Transcripts For CSPAN2 Financial 20240703

[background noises] clicks the committee will come to order without objection shares authorized to declare recess for the committee any time. The hearing todays entitled oversight of regulators. Without objection all members of five legislative days in which to submit extraneous materials to the chair for inclusion in the record. Just one additional comment members about the schedule. This has a hard stop at 2 00 p. M. And accommodation of the three regulars before us. We will not go past 2 00 p. M. Arachnids must sell for four minutes to give an Opening Statement we here to conduct oversight regulators there is plenty to discuss put forward a proposal that require robust debate and explanation. You are first up. We all know why you failed your employees your agency the fact have not yet resigned approves no responsibility for your actions showing up today is not an act of courage is an act of hubris. You are confronted with a report outlining appalling and abhorrent behavior at the fe

Transcripts For CSPAN2 Financial 20240703

During three and half hour hearing. [background noises] clicks the committee will come to order without objection shares authorized to declare recess for the committee any time. The hearing todays entitled oversight of regulators. Without objection all members of five legislative days in which to submit extraneous materials to the chair for inclusion in the record. Just one additional comment members about the schedule. This has a hard stop at 2 00 p. M. And accommodation of the three regulars before us. We will not go past 2 00 p. M. Arachnids must sell for four minutes to give an Opening Statement we here to conduct oversight regulators there is plenty to discuss put forward a proposal that require robust debate and explanation. You are first up. We all know why you failed your employees your agency the fact have not yet resigned approves no responsibility for your actions showing up today is not an act of courage is an act of hubris. You are confronted with a report outlining appall

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