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The hearing before the Senate Banking committee is just over two hours. Witnesses are in person. Mr. Gensler, nice to see you. Members have the option to appear in person or virtually. Welcome back, chair gensler, to this committee. Workers and their families do not measure the economy by the stock market. Neither should we. It is why in the senate and in the new Biden Administration we work to create an economy that delivers results for people who get their incomes from a paycheck, not an investment portfolio, raising wages and good paying jobs and lowering costs means fighting the corporate ...

[inaudible conversations] [inaudible conversations] the Senate Committee on housing and urban affairs will come to order for days hearing his usual is in the hybrid format which is inperson with the witness. Mr. Claudio teen mr. Gensler its nice to see you. Welcome back chair gensler to this committee. Workers and their families dont measure the economy by the stock market and neither should we. Its why in the senate and the new Biden Administration we work to create an economy that delivers results for people who get there and comes from a paycheck not an investment portfolio. Raising wages a...

In the region dating back from left thesethat have countries weak. With the militarization piece, has not been the best way to move forward. Especially if we are talking about the issues of development and security. We also see sort of the united involvement and approach toward latin america specifically in terms of providing military support, providing more weapons. United states provided a lot of weapons, and they have scattered out into the hands of the gangs or people who should not have them. Another big sort of struc wealthauses inequality. Wealth has been concentrated among the rich and...

The Number One Community partner as the va. The other group didnt even put the va on their list. And if you think that the va doesnt bring something to the table, youre mistaken. I just want to point out one other thing. We talk about nonprofits. Nonprofits are businesses. Were businesses. And you have to speak when youre talking to a community, this is how you get with em to work, you have to speak in terms of business. And thats where, what youre doing at the chamber of commerce, ross, is huge. Because it resonates. Emotions will only go so far. You know, the emotions and the commitment, emo...

Couple of days before the act passed the senate. One was a proposal to raise taxes on interests, of compensation earned by certain folks in the financial industry was removed from that legislation on request of the senator sinema. There are a focus on smaller changes to a proposed book tax that would be applied to large corporations as well as some other large changes related to the spending side and tax changes. This legislation would raise revenue and reduce the deficit by 300 billion over the next 10 years but it would come at the expense of lower growth because of the tax hike. Hike. Every...