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Ceos from the countries six largest banks, including jane fraser of citigroup and Brian Moynihan from bank of america, testified before the House Financial Services committee on regulatory and oversight matters in the Banking Industry. They addressed several issues including the influence of chinese banks and the impacts of the pandemic. This is part one of a threepart hearing. This first portion of the hearing is two hours. The committee will come to order. Without objection the chair is authorized to declare a recess of the committee at any time. This hearing is entitled Holding Megabanks Ac...

That chair is authorized to declare races of the committee at any time. This hearing is entitled, Holding Meghan banks accountable. Oversight of americas Largest Consumer facing banks. I recognize myself for four minutes to give an opening statement. Testifying before us today, we have the ceo of the seven largest u. S. Commercial breaks that each serve millions of consumers. Chairwoman of this committee, i prioritize connecting rigorous oversight over our nations largest banks and their activities. Last year for these mega banks that survived for us. Since then our motion continues, to battli...

That chair is authorized to declare races of the committee at any time. This hearing is entitled, Holding Meghan banks accountable. Oversight of americas Largest Consumer facing banks. I recognize myself for four minutes to give an opening statement. Testifying before us today, we have the ceo of the seven largest u. S. Commercial breaks that each serve millions of consumers. Chairwoman of this committee, i prioritize connecting rigorous oversight over our nations largest banks and their activities. Last year for these mega banks that survived for us. Since then our motion continues, to battli...

I love this neighborhood wit all my heart. When i think of the mission think of beauty and the colorf colorfulness. And people drinking in the sidewalks and guy is always asking for change and doing crack and i walk with my kids. And i see the beautiful architecture. And the drug abuse and dirty city and blocks. And all different cultures and everyone brings something t share. And there is always garbage there and it stinks. You see incredible art and venues that are creative. If they arent drawing on th walls and doing it on the glass walls of peoples businesses. And working class and the cha...

Individuals, with disabilities. And two, to allow the departments to fill the vacant positions with qualified individuals. And three, to increase the diversity of the city. And now turning the page on the overhead, and i am continuing with the bullet points in my presentation. So proposition a was approved by the voters and the charter was amended and a new Civil Service rule was implemented, i think that those are my notes. And but any way, was implemented and that was Civil Service rule, 34, that later became Civil Service 115, which is what we are speaking about today. And Civil Service rul...