0
0.0
May 20, 2024
05/24
by
CNBC
tv
eye 0
favorite 0
quote 0
hush-money trial they are senate banking committee chair, sherrod brown, called for biden to replace the fdic today the comments follow his testimony in congress last week. new york attorney general, law taerba james, is settling with crypto lender genesis for $2 billion that it will help her pay defrauded investors in new york that paid in the gemini program. she claimed they misled investors. back to you. >> thank you >>> up next, betting on the weight loss boom two new etfs this week, and bob tells you exactly what they are, next (traffic noises) (♪♪) the road to opportunity. is often the road overlooked. (♪♪) at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward. the further we'll all go. appreciate it so much. thank you. doors are new beginnings. -surprise! -surprise! your dedicated fidelity advisor can help you open those doors. for you, mama. through personalized money management that can evolve with new chapters. and they can proactively view your entire portfolio. with an
hush-money trial they are senate banking committee chair, sherrod brown, called for biden to replace the fdic today the comments follow his testimony in congress last week. new york attorney general, law taerba james, is settling with crypto lender genesis for $2 billion that it will help her pay defrauded investors in new york that paid in the gemini program. she claimed they misled investors. back to you. >> thank you >>> up next, betting on the weight loss boom two new etfs...
0
0.0
May 16, 2024
05/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the fdic said, guys, we just decided there's no limit. >> you know i'm long small caps. i've been pounding the table on that. >> how can you be nervous if you're long small caps? >> wait, scott, i see you laughing, but you know this, bravery is not the absence of fear. it is action in the face of fear. it is wise to be looking over your shoulder and saying -- >> can i defend jim. this is professional investing. at 40,000 you can put on the party hat for a second, take it off and start worrying about risks. that's what you do for a living. >> something other than stocks. you own bonds and cash. >> whatever makes you comfortable, but that's what we should be doing, where we're add adding value. >> how can we look and build into the portfolio if the market surprised us with some sort of move, i'm not ready to buy puts yet. is it small exposure to something that is going to rally in the case of a surprise here? we need three cuts still. the fed is holding strong here right now, and we'll see it start to maneuver in the summer. >> there are a lot of answers as to what you do.
the fdic said, guys, we just decided there's no limit. >> you know i'm long small caps. i've been pounding the table on that. >> how can you be nervous if you're long small caps? >> wait, scott, i see you laughing, but you know this, bravery is not the absence of fear. it is action in the face of fear. it is wise to be looking over your shoulder and saying -- >> can i defend jim. this is professional investing. at 40,000 you can put on the party hat for a second, take it...
0
0.0
May 17, 2024
05/24
by
FOXNEWSW
tv
eye 0
favorite 0
quote 0
at the fdic's questioning why most sexual browsers don't get punished. role it. >> them so tired of white men bailing out this lack of accountability is shameful, inadequate and deeply unsatisfactory. it's retraumatizing. >> really? white men bailing out? she is partly right about 1 white man. [ laughter ] >> failing up and he is only up tire us does she have a point? >> hell, yeah, she has a point. i'm so tired of this. white people into them when they mess up this still did open. that's [ bleep ] i mean i just sit around watching whitey enjoying their best like bennett's infuriating. their marriages stay together, their kids go to school back there courtesy can plug them into a wall on the driveaway. sometimes they take out this fully thanks numbers and letters on it. imputed? [ cheering ] >> our bad for her. when you don't have a point or argument you group. always people all black people because you don't have an argument. if sohn has been socially harassed state his name and say who it is. bring up the charges. it's all this you have no argument it
at the fdic's questioning why most sexual browsers don't get punished. role it. >> them so tired of white men bailing out this lack of accountability is shameful, inadequate and deeply unsatisfactory. it's retraumatizing. >> really? white men bailing out? she is partly right about 1 white man. [ laughter ] >> failing up and he is only up tire us does she have a point? >> hell, yeah, she has a point. i'm so tired of this. white people into them when they mess up this...
0
0.0
May 20, 2024
05/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the revised rules come after lobbying efforts from industry ceos to the fed and fdic and office of the comptroller of the currency. >>> "the new york times" is reporting that sony and apollo signed a non-disclosnon-disclos. according to the report, the venture is considering several plans for paramount's futures adding that shari redstone would not oppose the deal. >>> and the vice chairman of nippon steel is heading to pittsburgh to shore up the deal for u.s. steel. the one opposed by the biden administration and the former trump administration and the union. the japanese steelmaker expects to close the deal in the second half of the year. >> silvana, i almost did the pittsburgh accent living in pennsylvania, but did not. >> great to have you back, frank. >>> thank you. we have more to come on "worldwide exchange," and the one word investors have to know today and the latest on the record run and the earnings report which could decide the next move by the fed. >>> and taiwan doubles down on its opposition to beijing. >>> and later, the latest bet by elliott management sending one shar
the revised rules come after lobbying efforts from industry ceos to the fed and fdic and office of the comptroller of the currency. >>> "the new york times" is reporting that sony and apollo signed a non-disclosnon-disclos. according to the report, the venture is considering several plans for paramount's futures adding that shari redstone would not oppose the deal. >>> and the vice chairman of nippon steel is heading to pittsburgh to shore up the deal for u.s. steel....
0
0.0
May 9, 2024
05/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
the fdic does a number of studies. we ask why do you have a bank account. the first is i'm afraid of having one because of surprised fees. and the second is overdraft fees. these set of fees are explicitly creating financial exclusion. mr. sueiro: we see similar findings with credit cards. there are surveys out there asking consumers why don't you have a credit card? if you don't, they cite costs, interest rates, and late fees as one of the reasons they don't get those. i would add people who do have these high-cost products are often more likely to for credit cards being delinquent. overdraft fees to lose their products. get overburdened in debt. and pushed out of the financial system if they are not able to pay those fees. senator menendez: according to a 2019fdic survey, 36% cited distrust of banks as a reason for not having an account. we have to try to modify because we need people to enter a port a.f.l. financial institution so this way they are not going to the check cashing place and payday lender and pawnbroker. one final question. one area where r
the fdic does a number of studies. we ask why do you have a bank account. the first is i'm afraid of having one because of surprised fees. and the second is overdraft fees. these set of fees are explicitly creating financial exclusion. mr. sueiro: we see similar findings with credit cards. there are surveys out there asking consumers why don't you have a credit card? if you don't, they cite costs, interest rates, and late fees as one of the reasons they don't get those. i would add people who...
0
0.0
May 21, 2024
05/24
by
CNBC
tv
eye 0
favorite 0
quote 0
these were two that the fdic could have stopped ahead of time and they chose not to. obviously the fdic also under fire -- >> yes. looks like groom berg is going to lead. sheila baird made a comment yesterday about why he should. >> it did seem like senator warren was more reluctant to have him go. there were people -- look. it just sounded bad. i don't want to go into the nature of what was happening there, but what the heck. >> you haven't had a lot of cold water thrown on a long bank thesis right now. >> the banks are very strong. i said watch wells. we have a lot of people that think citi has made a major come back. baing is doing well despite the bond portfolio. pnc is doing decently. the only bank people are saying good things about is comerica. it's tough to catch wells because sharp is so great. >> we'll get cramer's "mad dash," countdown to the opening bell. speaking of bonds, after those waller comments, ten-year almost back to 440. back in a moment. [busy hospital background sounds] this healthcare network uses crowdstrike to defend against cyber attacks an
these were two that the fdic could have stopped ahead of time and they chose not to. obviously the fdic also under fire -- >> yes. looks like groom berg is going to lead. sheila baird made a comment yesterday about why he should. >> it did seem like senator warren was more reluctant to have him go. there were people -- look. it just sounded bad. i don't want to go into the nature of what was happening there, but what the heck. >> you haven't had a lot of cold water thrown on a...
0
0.0
May 20, 2024
05/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
the fbi see and the occ -- fbi see and occ -- fdic and occ. jamie dimon bus efforts have been echoed by inserted efforts from the regulatory agencies in the halls of congress, the media, and with the administration. david: and all of those comments are having an effect. we heard from the vice chair now that we should expect a substantive revisions to the proposals. what do you expect to come out? rodgin: so, i agree that there will be substantial revisions and that those will be in the component parts and therefore in the overall outcome. the agencies have a real dilemma, here. number one, they can't simply adopt a final rule. that is susceptible to legal challenge because significant changes typically were ira new proposal, not just adoption. or they can re-propose, but that would require substantial time, probably delays of a final rule until 2025. if i were a betting person, i would take the latter re-proposal, i think the changes will be so significant. but it is probably not much more than a coin flip it matt: it's so interesting, we have
the fbi see and the occ -- fbi see and occ -- fdic and occ. jamie dimon bus efforts have been echoed by inserted efforts from the regulatory agencies in the halls of congress, the media, and with the administration. david: and all of those comments are having an effect. we heard from the vice chair now that we should expect a substantive revisions to the proposals. what do you expect to come out? rodgin: so, i agree that there will be substantial revisions and that those will be in the...
0
0.0
May 17, 2024
05/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
. >> earlier today, the chair of the fdic, martin gruenberg and michael barr appeared before the senate to testify on an independent investigation that found continued sexual -- harassment at the agency. watch at 9:00 eastern on c-span. c-span now, or online at c-span.org. >> joining us now is a professor of law, civil rights and social justice at georgetown university. the author of a book, "white space, black hood." it has been 70 years since the supreme court gave its decision in brown v board of education. what has been the lasting impact? >> the most lasting impact is that brown captured the imagination of a new generation of young
. >> earlier today, the chair of the fdic, martin gruenberg and michael barr appeared before the senate to testify on an independent investigation that found continued sexual -- harassment at the agency. watch at 9:00 eastern on c-span. c-span now, or online at c-span.org. >> joining us now is a professor of law, civil rights and social justice at georgetown university. the author of a book, "white space, black hood." it has been 70 years since the supreme court gave its...
0
0.0
May 14, 2024
05/24
by
CNBC
tv
eye 0
favorite 0
quote 0
we offer fdic insured protected checking accounts. it is not going to a phantom pulled it is unregulated. everything is regulated by the bank partners. the money stays in those accounts. think of it as a tri-party relationship. they sign up her account with chime all the money stays there and they get these short- term liquidity and credibility efforts that we offer. >> this does not seem o be part of the operation. should it be? >> we are not focused on crypto. there are applications around storage and value in certain markets. probably international money movement. for our members, some of them certainly to trade in crypto. a lot of our members are still early in the process of developing an investment plan. we don't want to start with crypto as the lead in that. >> i get it. i am always very concerned that there are people that start at another firm for young people and they fizzle and now it's gone. it has destroyed a lot of people. i think you are being prudent. i don't think you are being condescending. >> i have respect for a l
we offer fdic insured protected checking accounts. it is not going to a phantom pulled it is unregulated. everything is regulated by the bank partners. the money stays in those accounts. think of it as a tri-party relationship. they sign up her account with chime all the money stays there and they get these short- term liquidity and credibility efforts that we offer. >> this does not seem o be part of the operation. should it be? >> we are not focused on crypto. there are...
0
0.0
tv
eye 0
favorite 0
quote 0
table -- maria: joining me right now is former kansas city federal reserve president and ceo, former fdic vice chairman and distinguished senior fellow thomas hoenig. thomas, thanks very much for joining me this morning. >> sure. glad to be with you, maria. maria: tell us what you're expecting and thinking the federal reserve is mulling right now after those three months of elevated inflation and, of course, yesterday's employment cost index. >> well, i think the fed is e e -- resolved to the fact that they're not going to be raising rates this year. how they're e going to communicate that will be -- but inside the fed i think there's this discussion going on as to where the so-called equilibrium real rate of interest is. and increasingly, it's becoming more evident that it's closer to 2% than the half percent that some say. and if that's the case, maria, with real interest rates right now, with the policy rate being 5% and inflation 3, you have the so-called equilibrium rate and the policy rate is about 2% real terms, and so you're in a steady state, 3% steady state. and that's what the
table -- maria: joining me right now is former kansas city federal reserve president and ceo, former fdic vice chairman and distinguished senior fellow thomas hoenig. thomas, thanks very much for joining me this morning. >> sure. glad to be with you, maria. maria: tell us what you're expecting and thinking the federal reserve is mulling right now after those three months of elevated inflation and, of course, yesterday's employment cost index. >> well, i think the fed is e e --...
0
0.0
May 20, 2024
05/24
by
FOXNEWSW
tv
eye 0
favorite 0
quote 0
past few minutes, the white house now saying the chairman of the federal deposit insurance corporation fdic will step down from his post once the successor is appointed. martin grudenberg's announcement -- announced departure comes after a report about the agency's toxic workplace culture. that was released earlier this month. white house officials saying president biden will name a replacement for gruenberg soon. up next the panel on iran's president, what it may mean for the middle east, president biden's commencement address and, oh, yes, the former president's trial in new york. sg these two every thursday. help fuel today with boost high protein, complete nutrition you need... ...without the stuff you don't. so, here's to now. boost. let's get started. bill, where's your mask? i really tried sleeping with it, everybody. now i sleep with inspire. inspire? no mask? no hose? just sleep. learn more, and view important safety information at inspiresleep.com ♪ my back got injured very bad. i was off work for about a year. i heard about relief factor from my wife... i took it every day, thr
past few minutes, the white house now saying the chairman of the federal deposit insurance corporation fdic will step down from his post once the successor is appointed. martin grudenberg's announcement -- announced departure comes after a report about the agency's toxic workplace culture. that was released earlier this month. white house officials saying president biden will name a replacement for gruenberg soon. up next the panel on iran's president, what it may mean for the middle east,...
0
0.0
May 7, 2024
05/24
by
KQED
tv
eye 0
favorite 0
quote 0
sexual harassment, racial bias and other misconduct at the federal deposit insurance corporation, or fdic. the report said that leaders at the banking regulator, including its chair, martin gruenberg ignored the problems, and that those who complained faced retaliation. gruenberg called the findings sobering and pledged to make changes. after more than a century, the boy scouts of america will change its name, to simply, scouting america. the rebrand reflects the organization's shifts toward inclusivity, namely, allowing girls to join its ranks. in an interview, president and ceo roger krone said, in the next 100 years, we want any youth in america to feel very, very welcome to come into our programs. and, on wall street: stocks mostly drifted in lackluster trading. the dow jones industrial average gained 32 points to close at 38,884. the nasdaq fell 16 points. the s-and-p 500 added 7. still to come on the newshour. president biden denounces the rise in anti-semitism in a speech marking holocaust remembrance day. a look at whether campus protests against the war in gaza qualify as civil d
sexual harassment, racial bias and other misconduct at the federal deposit insurance corporation, or fdic. the report said that leaders at the banking regulator, including its chair, martin gruenberg ignored the problems, and that those who complained faced retaliation. gruenberg called the findings sobering and pledged to make changes. after more than a century, the boy scouts of america will change its name, to simply, scouting america. the rebrand reflects the organization's shifts toward...
0
0.0
May 21, 2024
05/24
by
CNBC
tv
eye 0
favorite 0
quote 0
some investors are also cheering the resignation of the fdic chair amid allegations of misconduct. martin greenburg was seen as hostile towards the asset class based open the folks i talked to, letting banks accept crypto, for example. and then bitcoin's rally started last week after that april cpi number that hit 70,000 for the first time in about a month, scott. >> all right, kate rooney, thank you so much. to diana olick now as we await toll brothers. what should we look out for? >> well scott, toll is a luxury builder, so buyers aren't dependent on mortgage rates. but there's a distinct rate in the last quarter. that's what we'll be watching, the affects on q2. it is q1, beating expectations for all metrics. take a look at the way rates were from november to january. they fell sharply from the mid 7% range to the mid 6%. interestingly in the conference call, they said while mortgage rates buy downs are heavily marketed and they offer nationwide, very few of our buyers will use the incentive dollars to buy down their rates. they prefer to use any incentive offered on the design
some investors are also cheering the resignation of the fdic chair amid allegations of misconduct. martin greenburg was seen as hostile towards the asset class based open the folks i talked to, letting banks accept crypto, for example. and then bitcoin's rally started last week after that april cpi number that hit 70,000 for the first time in about a month, scott. >> all right, kate rooney, thank you so much. to diana olick now as we await toll brothers. what should we look out for?...
0
0.0
May 8, 2024
05/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
number, two a letter dated april 18, 2023, sent by fdic chairman to chairman mchenry and senator lummis in response to their march 2, 2023, letter. number three, a letter dated february 28, 2024, sent by the conference of state bank supervisors to chairman mchenry and ranking member waters outlining the unintended effects of s.a.b. 121 that could pose on customers and consumers and markets. and fourth letter is dated february 29, 2024, sent by the american bankers association to chairman mchenry, ranking member waters, expressing support for h.j.res. 109. with that, i yield back. the speaker pro tempore: without objection. the gentleman yields. the gentleman from north carolina. mr. mchenry: reserve. the speaker pro tempore: reserves. the gentlelady from california is recognized. ms. waters: thank you, mr. speaker. my response to the gentleman from nebraska. my republican colleagues have claimed that the s.e.c. failed to consult with prudential regulators on s. ampt b. -- s.a.b. 121. but if this resolution is passed, the s.e.c. will effectively be barred from consulting with prudential
number, two a letter dated april 18, 2023, sent by fdic chairman to chairman mchenry and senator lummis in response to their march 2, 2023, letter. number three, a letter dated february 28, 2024, sent by the conference of state bank supervisors to chairman mchenry and ranking member waters outlining the unintended effects of s.a.b. 121 that could pose on customers and consumers and markets. and fourth letter is dated february 29, 2024, sent by the american bankers association to chairman...
0
0.0
May 21, 2024
05/24
by
KTVU
tv
eye 0
favorite 0
quote 0
the chair of the fdic is stepping down after a report exposed rampant sexual harassment within the agency. >> the white house announced that martin gruenberg will leave the federal deposit insurance corporation once a successor is appointed. a report from a law firm last week documented more than 500 complaints from employees about stalking, harassment, homophobia and other issues. members of congress began calling for greenberg's resignation from the banking regulator. following that report . the biden administration is calling on water utilities to better protect themselves from hackers. the environmental protection agency warns that cyber attacks against water utilities across the country are becoming more frequent, more severe and that many utility companies are not meeting simple security goals, including failing to change default passwords or cutting off access to former employees. the epa says a successful cyberattack could threaten a community's access to safe drinking water. >> coming up, a big step completed today at the baltimore port when it comes to that devastating bridge co
the chair of the fdic is stepping down after a report exposed rampant sexual harassment within the agency. >> the white house announced that martin gruenberg will leave the federal deposit insurance corporation once a successor is appointed. a report from a law firm last week documented more than 500 complaints from employees about stalking, harassment, homophobia and other issues. members of congress began calling for greenberg's resignation from the banking regulator. following that...
0
0.0
May 20, 2024
05/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >> and staying out of the target of the fdic, s.e.c., any of the other regulatory bodies, i think, listen, i think that tech spin is being allocated for a reason we can talk about some of the chips or the other tech names, they were kind of laughed at for the allocation to capex, and it's paid off. at least in the short-term the last thing i'll say is, kind of to tim's point, i don't want to see a ceo of the premiere bank chasing short-term performance. >> it's really about risk-reward. if you are going to get 3%, 4% kicker, versus being able to weather any potential storm that's coming down the pipe, i just think i'd prefer that cautious approach. >> i don't know what the -- you're playing your phone? >> what was that what's the ringtone? >> i think it was a concert. >> don't be sorry. it happens >> it usually happens to me. >> at least it's rated g let's move on. >> no, you can't pretend it doesn't happen i mean -- >> i was going to use my calculator, okay >> guy turning this into a natural tv moment. it's beautiful >> as you were saying. >> quickly we have to get julie in here i
. >> and staying out of the target of the fdic, s.e.c., any of the other regulatory bodies, i think, listen, i think that tech spin is being allocated for a reason we can talk about some of the chips or the other tech names, they were kind of laughed at for the allocation to capex, and it's paid off. at least in the short-term the last thing i'll say is, kind of to tim's point, i don't want to see a ceo of the premiere bank chasing short-term performance. >> it's really about...
0
0.0
May 21, 2024
05/24
by
KNTV
tv
eye 0
favorite 0
quote 0
the head of the fdic is stepping down after a scathing report found the workplace he leads is rife with harassment and discrimination. martin gruenberg says he'll stay on until a replacement is named the white house says that's going to happen soon. the latest data shows inflation easing. things are getting better, but a number of big chains say they're seeing pullback from american consumers tired of high prices and shrinking products mcdonald's, home depot, starbucks all saying the same thing. target says it will lower some prices to get people back into stores. what's behind this decision by target? consumers have been showing since the inflation surge of a few years ago, very strong price fatigue, increasingly, we're seeing it especially lately for sort of the middle income consumer who may be more likely to be shopping at somewhere like target. well, that's ahead on today. meantime, we're learning more about what happened between openai and the actress scarlett johansson. we talked about this monday that openai was removing an ai voice that sounded very much like johansson's voice.
the head of the fdic is stepping down after a scathing report found the workplace he leads is rife with harassment and discrimination. martin gruenberg says he'll stay on until a replacement is named the white house says that's going to happen soon. the latest data shows inflation easing. things are getting better, but a number of big chains say they're seeing pullback from american consumers tired of high prices and shrinking products mcdonald's, home depot, starbucks all saying the same...
0
0.0
May 21, 2024
05/24
by
KQED
tv
eye 0
favorite 0
quote 0
the chairman of the federal deposit insurance corporation, or fdic, is resigning. martin gruenberg is currently serving his second term as head of the bank regulator. he's come under fire in recent months after an external review found evidence of a toxic workplace culture, including reports of employee mistreatment and sexual harrassment. in a statement, gruenberg said that "in light of recent events, i am prepared to step down from my responsibilities once a successor is confirmed." a federal judge is reopening the sentencing hearing of david depape, the man convicted of attacking nancy pelosi's husband paul with a hammer. depape was sentenced friday to 30 years in prison, but the judge said she erred in not offering him a speaking opportunity before sentencing, as the law requires. a new hearing is scheduled for may 28. and a wall street related passing of note. ivan boesky has died. a central figure to the insider trading scandals of the 1980s, he was also the basis for the michael douglas character gordon gekko in the film "wall street." boesky made his fortun
the chairman of the federal deposit insurance corporation, or fdic, is resigning. martin gruenberg is currently serving his second term as head of the bank regulator. he's come under fire in recent months after an external review found evidence of a toxic workplace culture, including reports of employee mistreatment and sexual harrassment. in a statement, gruenberg said that "in light of recent events, i am prepared to step down from my responsibilities once a successor is confirmed."...
0
0.0
tv
eye 0
favorite 0
quote 0
one year ago today, the fdic seized san francisco based first republic bank and sold it to jpmorgan chase. it was the second largest u.s. financial institution to fail. it also led to calls on congress to strengthen regulations and supervision of large and regional banks. first republic's fall came after the unexpected collapse of silicon valley and signature banks in the same year. the failures rocked the banking industry, leaving investors and customers fearful of an economic crisis. 50 google employees were fired for their involvement in a pro-palestinian demonstration last month. now they filed a complaint against the company. the april sit in protested google's contract with the israeli government, according to the chronicle. the workers are seeking reinstatement to their job and back pay. they also want google leadership to guarantee that the company will not retaliate against workers for lawful collective protest. google said the protest was a clear violation of its policies and unacceptable behavior. tesla is gutting the team behind its electric vehicle charging stations. yesterda
one year ago today, the fdic seized san francisco based first republic bank and sold it to jpmorgan chase. it was the second largest u.s. financial institution to fail. it also led to calls on congress to strengthen regulations and supervision of large and regional banks. first republic's fall came after the unexpected collapse of silicon valley and signature banks in the same year. the failures rocked the banking industry, leaving investors and customers fearful of an economic crisis. 50...
0
0.0
May 22, 2024
05/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
--the fdic and the bank lobby has won out over capital requirements. what you think the future of financial regulation will be regardless of who wins the white house in november? >> mr. bloomberg has announced he will resign but he will step down only when his seat is filled by a confirmed new director. i think we may have a little more time with him. of course, the bank lobby to your point, there is a real push to get a proposal. the fdic would like to make some minor changes on the basel three issue. but the fed seems to be a little more open to pre-proposal. you will see congress push on this issue. there have been some interesting hearings were you've seen some bipartisan concern with the proposal and the request for re-proposal. i think this will continue to play out over the rest of the year. lisa: do you think we will see anything substantial when it comes to this ahead of the election? >> if i had to armchair and look at this issue as the likelihood of the time we have in washington, i think it's unlikely. i think it's very possible that we see
--the fdic and the bank lobby has won out over capital requirements. what you think the future of financial regulation will be regardless of who wins the white house in november? >> mr. bloomberg has announced he will resign but he will step down only when his seat is filled by a confirmed new director. i think we may have a little more time with him. of course, the bank lobby to your point, there is a real push to get a proposal. the fdic would like to make some minor changes on the...
0
0.0
tv
eye 0
favorite 0
quote 0
she is fdic former chair, volcker alliance founding director, sheila bair. sheila, first i want to talk about this piece, higher for longer, a good thing? this is pretty intriguing stuff here. the era of zero interest policy was characterized by sluggish growth and yawning wealth inequality. how do you convince wall street this statement is correct? >> yeah. well, i think, main street knows it. wall street loves it. low interest rates primary prop up financial markets which is why you had increased wealth and income inequality during the protracted period of low interest rates. there is no empirical evidence that low interest rates boost economic growth. we had a deep resession after the great financial crisis. it took main street about 10 years to pull out of it notwithstanding zero interest rates and it has a lot of bad sued effects, wealth inequality is one. capital allocation, productivity. it is hard to get out of it, it is like a drug, once you get into it it is hard to withdraw but we are withdrawing. i think that is one of the reasons why the economy
she is fdic former chair, volcker alliance founding director, sheila bair. sheila, first i want to talk about this piece, higher for longer, a good thing? this is pretty intriguing stuff here. the era of zero interest policy was characterized by sluggish growth and yawning wealth inequality. how do you convince wall street this statement is correct? >> yeah. well, i think, main street knows it. wall street loves it. low interest rates primary prop up financial markets which is why you had...
49
49
May 17, 2024
05/24
by
FOXNEWSW
tv
eye 49
favorite 0
quote 0
th yesterday she bashe d white man at a hearing about harassment at the fdic. wh why most harassers apparently don't get punished. rutledgeexual don i am so tiree men failing up this lackt th of accountability is a shameful, inadequate and deeplyy unsatisfactory. >> and it is retraumatizin.g really white men failing up. 1 >> well, she's partly right about one white man is failing up and he's up tirades does have a point. >> there's some interesting. oh, yes, she has a point . so tired of this. yes. white people, when they messmess up, they still get a win. >> that' u stills i. >> i just sit around in my house watching whitey, enjoying their best life and creating their marriages, stay together. their kids go to school, their cars you can plug them into a wall and they drive away. and then sometimes times they take out this folding thing with numbers and letters on ited?t. >> was it a computer, a home? you work on behalf of african-americans everywhere are bad for her. >> when don't have a pointargumt and you don't have an argument. you group all white people, a
th yesterday she bashe d white man at a hearing about harassment at the fdic. wh why most harassers apparently don't get punished. rutledgeexual don i am so tiree men failing up this lackt th of accountability is a shameful, inadequate and deeplyy unsatisfactory. >> and it is retraumatizin.g really white men failing up. 1 >> well, she's partly right about one white man is failing up and he's up tirades does have a point. >> there's some interesting. oh, yes, she has a point ....
0
0.0
May 3, 2024
05/24
by
CNBC
tv
eye 0
favorite 0
quote 0
taking energy from an area where there is a wildfire, or some kind of fire, they help fund it like the fdic. a lot of things going on. that's warren. he's appropriate. if i can't get -- if i get tarred and feathered, and i don't get a return on investment, i have to think what is morally right and legally right and financially right. that's what he's going through. >> and as a shareholder, you feel confident in all of this, though. what are you thinking? long-term berkshire shareholder? >> i would not have thought about the impact of what pacific gas and electric went through because of the wildfires. the notion of having different climate, different points, i always thought about, you know, you have a hurricane, you have a tornado, you have an earthquake, the notion of consistent damage to the environment, maybe that your transmission is going through that, how else do we find distributed power. i have my ev without going through the system, but that's the minhde minimis dynamic. the book value is the largest of the any company. and he's growing that. and he's got -- if he sits back and do
taking energy from an area where there is a wildfire, or some kind of fire, they help fund it like the fdic. a lot of things going on. that's warren. he's appropriate. if i can't get -- if i get tarred and feathered, and i don't get a return on investment, i have to think what is morally right and legally right and financially right. that's what he's going through. >> and as a shareholder, you feel confident in all of this, though. what are you thinking? long-term berkshire shareholder?...
0
0.0
May 13, 2024
05/24
by
CSPAN
tv
eye 0
favorite 0
quote 1
thursday, fdic chairman martin ruberg testifies before the senate banking committee following a wall street journal investigation reporting that the agency fostered a culture of racism, sexism and abuse, prompting some lawmakers to call for his resignation. aunt jessica -- appeared before house appropriations subcommittee on her agencies 20 when a five. watch this week live on the c-span netwo, or on c-span now, our free mobile video app. head up to c-span.org for scheduling information for to watch live and on-demand anytime. your unfiltered view of government. c-span now is a free mobile app featuring your unfiltered view of what is happening in washington, live and on-demand. keep up with the biggest events with live streams of floor proceedings and hearings from u.s. congress, white house events, the courts, campaigns, and more from the world of politics. c-span now is available at the apple store and google play. scan the qr code and download free today or visit our website. c-span now, your front row seat to washington anytime, anywhere. washington journal continues. host: we l
thursday, fdic chairman martin ruberg testifies before the senate banking committee following a wall street journal investigation reporting that the agency fostered a culture of racism, sexism and abuse, prompting some lawmakers to call for his resignation. aunt jessica -- appeared before house appropriations subcommittee on her agencies 20 when a five. watch this week live on the c-span netwo, or on c-span now, our free mobile video app. head up to c-span.org for scheduling information for to...
0
0.0
May 17, 2024
05/24
by
FOXNEWSW
tv
eye 0
favorite 0
quote 0
. >> and down the hall, representative ayanna pressley has an angry message for the fdic. read y too many men.y men. >> there is not one woman p on this panel. and i almost walked out justane. on the of that. but the only reason why i did it is because that is a systemicson us issue here peo in congress. >> and often for people who come before thisple . >> and io f you don't have one woman in a position of leadership and authorit wom th that should be there, then that is also a problem. >> meanwhileat a probl, nbc's sg service, peacock just dropped a trailer for the seriesstre. planet, just in time for pride p month. turns out the entire animal kingdom is bkingdoy curious. >> everything you were told as a kid is wrong. ing you d you make me want pen, bisexual lions, changing clownfish. >> this is a planet. the ideah. of just having to fix sexes is clearly out of style. mother nature is pretty opende. minded and no die. >> thursday is complete without a prime time victory. of coursye. cancel culture has tried to infiltrate the comedy world, and afte r a decade of looking ov
. >> and down the hall, representative ayanna pressley has an angry message for the fdic. read y too many men.y men. >> there is not one woman p on this panel. and i almost walked out justane. on the of that. but the only reason why i did it is because that is a systemicson us issue here peo in congress. >> and often for people who come before thisple . >> and io f you don't have one woman in a position of leadership and authorit wom th that should be there, then that is...
SFGTV: San Francisco Government Television
0
0.0
May 16, 2024
05/24
by
SFGTV
tv
eye 0
favorite 0
quote 0
resources we have both suppression and ems to reduce the costs and e 0 o e took delivery and attended the fdic training department and international conference in indianapolis to have our booth there and vomited relationships in turn out and equipment and have conversations regarding you are apparatus with him relationships. we'll continue our efforts. koufgsz you (coughing) under the earthquake state of deputy chief miller busy with many of the projects he served capital planning position advocating for. the fire department working on projects all over the fire department with the broilers and apparatus the main project um, or largest project is the facility i can request to bring up chief miller we have a my name is i'll be happy to brief on it but i think that chief miller is better. >> good morning president morgan and commissioner feinstein and vice president fraser and commissioner collins. >> you commissioner nakajo and chief and staff i'm miller the deputy director my principle to provide information about the training. we are at a significant milestone and received the documents which
resources we have both suppression and ems to reduce the costs and e 0 o e took delivery and attended the fdic training department and international conference in indianapolis to have our booth there and vomited relationships in turn out and equipment and have conversations regarding you are apparatus with him relationships. we'll continue our efforts. koufgsz you (coughing) under the earthquake state of deputy chief miller busy with many of the projects he served capital planning position...
SFGTV: San Francisco Government Television
0
0.0
May 5, 2024
05/24
by
SFGTV
tv
eye 0
favorite 0
quote 0
it's to build and be ready to go apply for the banking licensing and fdic insurance and at the bottom a couple of things that a public bank is not in this plan, would not be a retail plan. the idea is not to have individual credit acts at the public bank of san francisco. it would be a bankers bank that would help out credit unions and cdfis to help advance the lending. and this is not to meant to take over the--that has a lot of, you know, 12-17 billion dollars, i cannot keep up the size of the budget. to create this entity that would function at san francisco green bank. and it's further of planning for the operations of this entity and we have working group to talk about this, and a big focus we've had is around, the inauguration greenhouse reduction fund which has two separate funds that total about 20 billion dollars that is intended for entities like green banks. we've been in touch with the applicants for that and the awards has just been put out. and we're hoping to make san francisco eligible for that to get in that infusion of dollars to help jump start this entity. so we're
it's to build and be ready to go apply for the banking licensing and fdic insurance and at the bottom a couple of things that a public bank is not in this plan, would not be a retail plan. the idea is not to have individual credit acts at the public bank of san francisco. it would be a bankers bank that would help out credit unions and cdfis to help advance the lending. and this is not to meant to take over the--that has a lot of, you know, 12-17 billion dollars, i cannot keep up the size of...
15
15
May 22, 2024
05/24
by
CSPAN2
tv
eye 15
favorite 0
quote 0
published in 2023 found all four services lacked clear accessible disclosure about the availability of fdic insurance. full scope of fraud policies. for the rights and protections. there are several aspects of the business model create unique risk for users compared to other p2p services. for example there are not clear published fraud liability policies. unlike venlo cassia zelle does not have a public facing policy detailing consumer protections and reimbursement rights for all unauthorized transactions. victims unclear on where to turn for help. you have also heard they provide a fragmented customer service that is split between the network operator and participating banks which can bounce victims back and forth. a centralized consistent process is needed to help consumers when they fall victim to fraud and scam. there are weaker authorization safeguards. zelle enables instant transfers to be heard with less upfront. it is less secure and can enable faster fraud compared to other p2p apps which employ an app to factor in multi factor authentication. multifactor authentication. additional
published in 2023 found all four services lacked clear accessible disclosure about the availability of fdic insurance. full scope of fraud policies. for the rights and protections. there are several aspects of the business model create unique risk for users compared to other p2p services. for example there are not clear published fraud liability policies. unlike venlo cassia zelle does not have a public facing policy detailing consumer protections and reimbursement rights for all unauthorized...
0
0.0
May 10, 2024
05/24
by
CSPAN3
tv
eye 0
favorite 0
quote 0
fdic operation chokepoint from the state of new york and nra case currently pending before the supreme court or the fbi and treasury recent revelations from the subcommittee. each of these incidents show the government can and will weaponize the financial marketplace against americans for political benefit. several factors exacerbate this risk. has expansive authority on day-to-day operation and decisions. shrouded in secrecy to impart these benefits the top five banks control over 50% of the market for deposit accounts. this only elevates the need to ensure viewpoint neutrality in the provision of financial services. congress should take action for this is an issue we should all agree on and deserves her utmost attention. we cannot continue to law enforcement, regulars and banks too big to fail run roughshod over our first amendment freedoms. i welcome your questions. >> thank you. you are recognized for five minutes. >> good morning chairman jordan, ranking member thank you for the opportunity to testify at today's hearing. i'm vice president director for cato center for monetary and
fdic operation chokepoint from the state of new york and nra case currently pending before the supreme court or the fbi and treasury recent revelations from the subcommittee. each of these incidents show the government can and will weaponize the financial marketplace against americans for political benefit. several factors exacerbate this risk. has expansive authority on day-to-day operation and decisions. shrouded in secrecy to impart these benefits the top five banks control over 50% of the...
0
0.0
May 12, 2024
05/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
thursday, the fdic chairman testifies before the senate banking committee following a wall street journal investigation reporting that the agency fostered a culture of racism, sexism and abuse, prompting some lawmakers to call for his resignation. in the sec chairwoman appears before a house appropriations subcommittee on her agencies 2025 budget. watch this week live on the c-span networks or on c-span now, our free mobile video app also, head over to c-span.org for scheduling information or to watch a live and on-demand anytime. c-span, your unfiltered view of government. tonight on q&a, the book that was awarded the 202pulitzer prize for biography. the journey of self emancipation in 1848. >> they are husband and wife enslaved in georgia and they decide they are going to freedom and they do this not with any underground railroad which doesn't reach all the way down to the south where they are. not by hiding and traveling by night, but they go out in the full light of day disguised as master and slave, with ellen posing as the pastor and william playing a bowl of the slave. so that stor
thursday, the fdic chairman testifies before the senate banking committee following a wall street journal investigation reporting that the agency fostered a culture of racism, sexism and abuse, prompting some lawmakers to call for his resignation. in the sec chairwoman appears before a house appropriations subcommittee on her agencies 2025 budget. watch this week live on the c-span networks or on c-span now, our free mobile video app also, head over to c-span.org for scheduling information or...
0
0.0
May 12, 2024
05/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
thursday, the fdic chairman testifies before the senate banking committee following a wall street journal investigation reporting that the agency fostered a culture of racism, sexism and abuse, prompting some lawmakers to call for his resignation. in the sec chairwoman appears before a house appropriations subcommittee on her agencies 2025 budget. watch this week live on the c-span networks or on c-span now, our free mobile video app also, head over to c-span.org for scheduling information or to watch a live and on-demand anytime. c-span, your unfiltered view of government. tonight on q&a, the book that was awarded the 2024 pulitzer prize for biography. the journey of self emancipation in 1848. >> they are husband and wife enslaved in georgia and they decide they are going to freedom and they do this not with any underground railroad which doesn't reach all the way down to the south where they are. not by hiding and traveling by night, but they go out in the full light of day disguised as master and slave, with ellen posing as the pastor and william playing a bowl of the slave. so that st
thursday, the fdic chairman testifies before the senate banking committee following a wall street journal investigation reporting that the agency fostered a culture of racism, sexism and abuse, prompting some lawmakers to call for his resignation. in the sec chairwoman appears before a house appropriations subcommittee on her agencies 2025 budget. watch this week live on the c-span networks or on c-span now, our free mobile video app also, head over to c-span.org for scheduling information or...
36
36
May 20, 2024
05/24
by
BLOOMBERG
tv
eye 36
favorite 0
quote 0
lisa: you mean if you have an amount that is way over the fdic's limit? basically get an extra $2000. jonathan: awesome, great. tom would always talk about a toaster. lisa: that was the thing in the 1980's. i got stickers when i open my first account at age 11. jonathan: i am sure you would prefer 5%. lisa: at that point stickers were just fine. jonathan: here is your bloomberg brief with dani burger. dani: morgan stanley's mike wilson now sees the s&p up 2% by next year, boosting his target to 5400. wilson and the morgan stanley team said they expect us on a macro environment but wilson did reiterate his view that outcomes are becoming harder to predict. he said last week he was steering clear of big calls given the economic uncertainty. mike wilson will be joining the surveillance team and 8:00 eastern tomorrow. the ship that destroyed baltimore's francis scott key bridge is said to be removed to nearby docs today. 18 hours of preparation began yesterday. officials will be using several tugboats in a so-called reef loading operation expected to take 21
lisa: you mean if you have an amount that is way over the fdic's limit? basically get an extra $2000. jonathan: awesome, great. tom would always talk about a toaster. lisa: that was the thing in the 1980's. i got stickers when i open my first account at age 11. jonathan: i am sure you would prefer 5%. lisa: at that point stickers were just fine. jonathan: here is your bloomberg brief with dani burger. dani: morgan stanley's mike wilson now sees the s&p up 2% by next year, boosting his...
0
0.0
May 24, 2024
05/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
leading candidate has emerged to take the reins of the fdic. what house -- house officials have held talks with kristin johnson of the cftc. the biden administration is a need to quickly for the role after the former chair said he would step down on monday following complaints of a toxic work environment. and tesla is hiring, they posted more than a dozen auto pilots and ai jobs in the first sign of workforce growth after weeks of rolling layoffs. the company's career site has been largely empty amid the job cuts, which are expected to impact and percent of the company and last through june. that is your bloomberg brief. lisa: next, president biden defending benjamin netanyahu. >> we made our position clear with the icc, we don't think there is an equivalence to what hamas did. lisa: that is coming up next. this is bloomberg. ♪ i can't believe you corporate types are still calling each other rock stars. you're a rock star. we're all rock stars. oooo look look at my data driven insights, i'm a rock star. great job putting finance and hr on one
leading candidate has emerged to take the reins of the fdic. what house -- house officials have held talks with kristin johnson of the cftc. the biden administration is a need to quickly for the role after the former chair said he would step down on monday following complaints of a toxic work environment. and tesla is hiring, they posted more than a dozen auto pilots and ai jobs in the first sign of workforce growth after weeks of rolling layoffs. the company's career site has been largely...
0
0.0
May 21, 2024
05/24
by
KTVU
tv
eye 0
favorite 0
quote 0
recent report, though, documented hundreds of complaints of stalking, harassment and homophobia at the fdic. the report found a change of leadership could improve the workplace culture. grünberg says he will resign as soon as president biden selects his replacement. citigroup is facing a class action lawsuit claiming the bank is discriminating against its white customers. now the racial discrimination lawsuit was recently filed in a federal court in florida. it claims many customers were charged out of network fees for transactions at its citigroup atms, while others were not. citibank says it's reviewing the complaint while saying it opposes all forms of discrimination. when the ceo of jpmorgan chase says he is getting ready to retire as the head of the america's largest bank, and it may be happening sooner than expected, jamie dimon told investors at an event in new york city. he is moving up his retirement date. damon dimon had stated in the past he hoped to remain in his powerful job for another five years, though he did not say when he plans to retire. he has hinted that it may come i
recent report, though, documented hundreds of complaints of stalking, harassment and homophobia at the fdic. the report found a change of leadership could improve the workplace culture. grünberg says he will resign as soon as president biden selects his replacement. citigroup is facing a class action lawsuit claiming the bank is discriminating against its white customers. now the racial discrimination lawsuit was recently filed in a federal court in florida. it claims many customers were...
0
0.0
May 16, 2024
05/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
. >> earlier todthha the fdic, federal reser chair and acting comptroller appeared before the senate to testify on an independent investigation. and sexual harassment at the agency. watch the senate banking hearing committee tonight at or online . org. a free mobile app featuring unfiltered view of what is happening in c-span. live streams of floor proceedings and white hoe proceedings, courts, campaigns and more from the world of politics all at your fingertips and stay current with latest episodes and are c-span's tv networks and a variety ofcompel. c-span now. scan the code to download it or visit our website. c-span now, your front to washington any time, anywhere. house will be in order. >> this year c-span celebrates 45 years of covering congress. since 1979, we have been your priding coverage ofcapitol government. taking you to where the policies are all with support of america's cable co c-span 45 years and
. >> earlier todthha the fdic, federal reser chair and acting comptroller appeared before the senate to testify on an independent investigation. and sexual harassment at the agency. watch the senate banking hearing committee tonight at or online . org. a free mobile app featuring unfiltered view of what is happening in c-span. live streams of floor proceedings and white hoe proceedings, courts, campaigns and more from the world of politics all at your fingertips and stay current with...