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Looking at. We have not looked into individual transactions with the president. That was one of two reviews that was done in deutsche bank. The mirror trading and high profile of politicians elected officials review. Are you familiar with that . Chairman yellen im mott familiar with the details. Our focus has been on the safety and soundness of the operations of deutschy in the u. S. Ms. Waters i yield back. Chairman hensarling the chealed yields back the gentlelady yields back. The chair now recognizes mr. Barr. Mr. Barr thank you, mr. Chairman. Chairwoman yellen, welcome back. In terms of th...

Okay, thank you at that end, i mentioned that im supportive of the provisions you have include in the recent treasury report. I hope that the Federal Reserve is taking some recommendations seriously. Have you read the report yet or are you aware of it yes, i have read the report and there are many very useful and productive suggestions that mirror things you have been thinking and doing ourselves with respect to tillerian the rate we are always looking for ways to reduce the burdens that are very useful there are a few points where we have a different view, but a lot in it that is very useful....

We try not to opine on whether theyre correct or theyre not correct. But on, as you asked what the potential spillovers or impacts on Financial Stability could be of asset price revaluations, my assessment of that is that as asset prices have moved up, we have not seen a substantial increase in borrowing based on those asset price movements. We have a Financial System, a Banking System thats well capitalized and strong, and i believe its resilient. Okay. Thank you. Time of the gentle lady has expired. The chair now recognizes the gentleman from missouri, mr mr. Lucamire, chairman of the subcom...

Economic condition and possible fed actions in the future. You look like nervous. Im much more nervous, like yeah. Yeah. At work it will be eight or nine days away, but it can happen any time. I hope so. Im better than that. Lets talk about schedules. The committee will come to order without objection and they declare a recess of the committee at any time. All members will have five legislative days within which to submit extraneous material to the chair for inclusion in the record. The hearing is for the purpose of receiving the semiannual testimony and the board of governors on the Federal R...

[inaudible conversations] larry metz remarks from treasury secretary jack lew. Hes expected to discuss Lessons Learned in these distinctions on international inc. To tease. Hes speaking at the Carnegie Endowment for International Peace did we expect this to start in just a moment life here he spent two. Cspan2. It is a great pleasure to welcome all of you here this morning. A special pleasure to welcome my friend and colleague, secretary of the treasury, jack lew. But the open above the market that promise to make the introductions very worried the distinguished career and all of you know what...