it did steal the spotlight briefly and i hear sir gillibrand . he offered a glimpse as to how the process was faring initially back when the special military operations. the war in ukraine began and effectively he talked about how russia believes that while ukraine initially was ready to find common ground behind the same table behind the same negotiating table, then it was took basically ukraine was told by the united states to stop that have a listen to us to do the amount of stem bullet on march 29th in eastern both the ukrainians handed us a document. we supported those principles for the conflicts settlements which were laid out there. this one of this principles was the insuring of ukraine's security through respect for its non align status respect for its nuclear free status, as well as the provision of guarantees on a collective basis. these guarantees were to be given, not by nato, but by the un security council. 5 permanent members from germany and turkey were also mentioned. we agreed to their service, but clearly within a day or 2, th

and constant contact with senator schumer, senator gillibrand, and they're promising us we're going to get this done, but we're watching this. and we're monitoring everything, and you know, this is the holiday season. and other than september when the 9/11 community, the holidays are tough on the 9/11 community, and getting this bill passed, put in the omnibus, and the omnibus passes, it will ease the tension of a lot of those who worry because they're getting their medications paid for, going to their doctors through the program, and these men and women need this. they need it desperately, and i hope senator schumer, gillibrand, and the president sense our sense of urgency, and i don't want to sound like a broken record, i know what the president is doing today with the veterans is an important goal in getting those enrolled in the v.a. you know, we're still getting people enrolled in the world trade center health program 21 years later. the advocates who helped pass the burn pit bill, getting the bill passed was easy. it's going to be the advocacy for the next 10, 20, 30, 40, 50 year

i'm so proud of that and i want to thank senator gillibrand who's been a great partner and leader on those issues. we did both. there were two aspects of 9/11 hanging out there. in the compensation fund some of the family members who had been left out and it was a very good compromise that we added in from other attacks on americans around the globe and then of course extending the bill, the 9/11 health benefits by a year and now it's five years. it's five years that the benefits will be intact for people who are first responders are fire workers and can strut and workers. they don't have to worry that forbid when they are one of their friends who rushed to the towers who have cancer with won't -- let me open it up to questions first on the bill the omnibus. by the way i have been leader for six years and i think we have had five or six omnibuses and we have rarely had a cr. go ahead. >> you are headed to a new political political dynamic mixer with republicans taking a house. what discussions at the head with kevin mccarthy had it next year and what is your level of concern? >> let

senator gillibrand: that would lead toe understand either f.t.x. lied or untruthful about their business. they actually should have been registered with the cftc or s.e.c. under current laws. so how can the cftc investigate more aggressively to deploy its enforcement authority where overseas exchanges have such significant and actualness within the u.s. putting u.s. persons and the u.s. economy and other entities at risk? chair behnam: i'm happy to share this with the committee. this was a disclosure document made by john ray yesterday a pie chart t says where the lost customer money is across the globe. there is huge amounts of money in some sort of island jurisdictions. 2%, deliver, from the u.s. i feel fairly confident there are a number of u.s.-based entities that have entities registered offshore that were trading. that's a huge issue. we should always think about institution that is have offshore entities that could potentially bring risk back to the u.s. from a retail perspective, this is my understanding, i have heard this for a number of y

gillibrand chuckled.aid, good, i'm glad they're finally joining this effort and she's sure to make it center stage again next congress and finish this fight. i want to make sure the rail workers by congress imposing this agreement, they're getting significant economic gains, 25% pay increase in five years. their contract started in 2020. they'll be getting a lot of backpay as well. and in two years they'll be able to go back to the negotiating table and try to get sick leave which a rail worker told me an eck totally told me what they got in september opened the door for further conversations on this topic and hopefully they can go from zero paid sick days to a couple and that, of course, can extend to other union workers as well including cafeteria workers on capitol hill who protest the same thing. >> certainly some unhappiness around this deal. kit be revisited. but at least for now the trains are respondenting. julie tsirkin. thank you for reporting. >>> meanwhile one of the democrats will remain in t

gillibrand and others hope this changes. this has been a sensitive topic.ething she worked on behind the scenes all year to get in this bill nelson judy: we know another part of the bill getting a lot of attention today has to do with covid vaccinations for members of the military. >> let's look at what the policy is right now in the u.s. military and what is changing. currently members of the military are mandated to be fully vaccinated. that began in 2021. this bill under a compromised reach, something republicans push for -- some 8000 people have been discharged from the military from all branches for refusing to be fully vaccinated. this bill would change that and end that mandate within 30 days of this bill becoming law. it would not reinstate those who have already been discharged. this is obviously a subject that crosses cultural and public health debates but it is something some republicans pushed for hard especially raising those cases of the house and service members who have discharged for refusing to be fully vaccinated. it is something democrat

i want to thank senator gillibrand, who has been a great partner and leader on those issues.did both. there were two aspects of 9/11 hanging out there. so in the compensation fund, some of the families members who -- family members who had been left out. and it was a very good compromise that we added in victims of terrorism from other terrorist attacks on americans around the globe. and then, of course, extending the bill, the 9/11 health benefits by a year, and now it's five years, it's at least five years that the benefits will be intact. so people who are our first responders or police or fire or construction workers don't have to worry that, god forbid, when they are one of their friends who rushed to the towers starts getting a cancer, that the money won't be there to help them. and i've heard of that, so many different instances. so we're proud of that, as well. okay, let me open up to questions, first on the bill, the omnibus, i think by the way, i've been leader, six years and i think we've had 65 or six -- six or five omnibuses, we have rarely had a cr and i'm reall

but new york democrat kirsten gillibrand says the real solution is passing immigration reform. think it's essential that we right size immigration, which we've never done and we need to do now urgently in washington. i'm anna wiernicki. >> not our 4 zone forecast with a live look at sfo. lawrence is back. he's given us look at what's happening with the king tides right now. yeah, here they come. those astronomical high tide to come at this time of year likely to see some coastal flooding, those places that usually get inundated by the high tides tomorrow. we're going to see high tide just before 10:00am of almost 7 feet. so you're likely to see some of those coastal areas right inside the bay. you get up to the north a tune. some of the coastal sections out toward the beaches. watch out for high tides. they will continue on and off right through sunday and of course, on the opposite side of that, you get some very low tides in the afternoon. if you want to get out there, look for some shells at the beach. all right. high pressure. kind of getting out of the way that's going all

kirsten gillibrand spoke about why this was important to her. >> taking these cases and other types ofiolent felonies will allow for a serious look so that there can be a chance of convicti. the convictn rate is extremely low. so few cases go to trial and court-martial. reporter: we kw there is a low rate of reporting things like sexual assault. this is something she worked behind the scenes to get in this bill. judy: another part of the bill that is getting a lot of attention is covid vaccinations. reporter: that's right, let's look at the policy. currently, members are mandated to be fully vaccinated. this bill reached something republicans -- there are some 8000 people who have been discharged from the military for refusing, this bill would change that and the mandate within their and it would not reinstate those who have been discharged. this is a subject that crosses cultural and public-health debates, but it is something some republicans pushed for hard , raising cases of 8000 service members who have been discharged. it is something democrats did not want to give up, they think

provides $1 billion of healthcare benefits for 9 11 1st responders and survivorshuck scd kirsten gillibrandfunding will allow the world trade center health program to continue until at least 2027. it provides health care benefits to first responders and others who were exposed to toxins from the september 11th terror attack in manhattan. schumer one at $3.6 billion for the program, but was met with opposition from the senate minority leader mitch mcconnell. we all remember this will never forget. and we want to tell the first responders, their families and everyone else. we will not forget you. this program will never lapse. we would have liked to have the 3.6 billion, but as kirsten knows, mitch mcconnell, you need four corners agreement to get it done in the omnibus mitch mcconnell at the last minute took it off the table. without the new funding, that program would have had to start cutting services and denying enrollments in 2024 stocks managed to end the day on the plus side on this friday after an up and down day of trading the dow up 176 point nasdaq rose, 21 s and p 500 of 22 points

senator gillibrand also proposed a framework. congress also needs to determine the criteria and the disclosures by which issuance of digital assets will be regulated and we should acknowledge the possibility there's certain tokens that don't need that kind of regulation. we should also clearly delineate the secondary market trading of these assets including exchanges like ftx u.s. some have become this important work. we can provide sensible protections by which they were to be very broad agreement while still allowing the applications that are going on the operating systems that we can't even imagine today. just as i don't think any of us ever imagined applications like uber operating today. let me conclude with this it's essential to investigate any fraud and violations and prosecute. congress owes it to the american people to do so. this is fundamentally not about the kind of assets, but what about individuals did with of those assets. individuals can be tremendously empowered by the access to crypto currencies. crypto currenc

. >> i think kirsten gillibrand was pushing the issue and said, ma'am, i don't much care what two consentinges not affect their ability to carry out the mission. that resonated and i was working for tom young at the time a marine corps at the time. and he said, yes, amen. ththere is too much people thinking in the pentagon boardrooms about how do people feel. joey, i grew up with the feuds, the proud across my tv screen, the few, the proud and another level of commitment to the country and willing to sacrifice for our freedom. now, it is like, the many, the okay, how are you feeling today? great peer that is a different feeling. what are our enemies seeing and thinking when they see that? that is a target i can take out as opposed with "don't mess with me." >> i don't have a background in the military but sir and ma'am are terms of respect, at least lisa you were saying the same thing. that is what you say, that is what you do and how you honor people. it is a complement. now, they make it sound like it is some type of insult in the military. >> they don't matter on the battlefield. there is

i spoke to chuck schumer this morning, senator gillibrand. the federal government is, we're hoping to get reimbursement and assist taps to help pay for this -- assistance to help pay for this. we have enough people, we have enough trucks and suvs and humvees and snowmobiles. it's just they cannot move on our streets when they're clogged up with abandoned vehicles blocking the voroad. they have to be taken somewhere else. the plows have gotten stuck. so the federal government has offered all the assistance we need, and we'll be asking for help from them. but they can't change the weather on the ground right now and that's the most important thing, we need this to stop. >> you tweeted, western new yorkers, please stay home, do not travel. are people heeding that warning? >> by and large, they really are. those who haven't know some are leaving to go to their jobs are emergency personnel. i understand that, or going to see an ailing patient. we understand that. so it is much safer to be home. overall, i have to say buf buffbuf buffalonans have d

two democratic senators tina smith and kirsten gillibrand will give the money away to nonprofits defendantic would not respond to questions until i finally caught up with him after today's hearing and he told me he's going to give the money away, too. democratic senator dick durbin said members of congress should be more careful. >> the cryptocurrency people are active politically trying to achieve a political end here it is their right as citizens of this country to do that, but it really calls on us to make sure that whatever we do is credible under the circumstances. >> reporter: now, brian, bankman-fried defended his own donations saying they're not political. he was all about pandemic prevention back to you. >> nice. thank you very much. look forward to more coverage. "power lunch" starts right now. >>> fascinating stuff on crypto. gets curiouser and curiouser welcome to "power lunch," everybody. along with contessa brewer, i'm tyler mathisen great to have you with us. ahead on a busy thursday, conflicting messages dow trading 20% off rts yearly low and bond marketing signaling recessio

new york democratic senator kirsten gillibrand says help is on the way 5 billion dollars included in the government spending bill to help low-income americans pay to heat their homes, families and communities will be able to keep their homes warm and keep their neighbors safe. >> however, some lawmakers say this doesn't do anything to address the reason energy costs keep climbing. >> most important thing that we can do when it comes to energy prices and costs is to get them down. missouri republican senator josh hawley blames the biden administration energy policies for the steeper price tags. it makes no sense to me reopen america's pipelines reopen our rigs. let american workers get back out and get the energy prices down. gillett brand urges those struggling to heat their homes to fill out an application as soon as possible. a lot of people don't even know that they're eligible. she says more families than ever will qualify for assistance reporting in washington. i'm basil, john, if you're interested in learning more, you can head over to the web site at benefits, dot, gov or when

being stable for decades, as a chairwoman pointed out those nearly 30% drop in key metric senator gillibrand privacy, trust in military justice. that's a big alarm bell i think for all of us. i'm concerned, however, we have torn down rather than build up the role of leaders at the ground level in supporting and embracing victims, or being leaders at all any meaningful sense. we need policies they give victims and leaders clarity but funneling victims in of trauma into a bureaucratic program that is divorced from leadership may not always be the best answer. it's my belief leaders on the ground are best positioned to rebuild the sense of trust, security and privacy. .. in person victim services, hopefully some of that pressure will use now that the pandemic restrictions have been lifted, dod is pressing ahead with a massive military justice and prevention workforce hiring plan and again, i opinion we don't have a clear plan delivered by dod for what these new hires intend to accomplish how the rules of uniformed personnel will change and how they will impact military career paths, the standar

his son, donald trump jr., former fox news anchor kirsten gillibrand as w-- kimberly guile so let's get right to cnn's sara murray looking through all of these documents. sara, thousands of pages of transcripts. some we've seen through the january 6th committee hearings and you've been reading through donald trump jr.'s transcripts. what are you finding in there? >> reporter: you know, this is obviously interesting because he's the former president's son, proximity to the former president and asking him about what was happening as the riot unfolded on january 6th and they're reading back text messages he exchanged with mark meadows. at one point don junior tells mark meadows, the former president trump, his dad has got to condemn this then says an expletive so the committee is asking him, you know, you said he's got to condemn this. what did he have to condemn and again, don junior says the violence going on, again, i think i made it pretty clear in my speech we can do this peacefully, you know, use your first amendment rights, do it that way but violence has no place in this situation.

senator, kirstin gillibrand, to push for the completion of the hov lane on staten island.me. i do believe we need oversight, for sure, and i actually have legislation to always insure we know where every federal dollar's going once it gets to the city and state. bryan: issues when it comes to things like, i don't know, permitting, the national environmental policy act has made this burdensome to issue permits. you also have an issue where the bill said most of these projects should be american made, and that is also slowing down some of these projects. i guess these are things that i figure should have and could have been thought about before this legislation was passed, and anything be changed on that front? on the environmental permitting burdening or perhaps products we want to be made in the u.s., but if it's slowing things down, maybe bring that back a little bit. >> sure. look, on the permitting republicans did offer an amendment that would ease some of the permitting, because that is a major cause for delay, and these projects become costlier as they get delayed. ho

new york democratic senator kirsten gillibrand says help is on the way 5 billion dollars included inhe government spending bill to help low-income americans pay to heat their homes, families and communities will be able to keep their homes warm and keep their neighbors safe. >> however, some lawmakers say this doesn't do anything to address the reason energy costs keep climbing. >> the most important thing that we can do when it comes to energy prices and costs is to get them down. missouri republican senator josh hawley blames the biden administration energy policies for the steeper price tags. it makes no sense to me reopen america's pipelines reopen our rigs. let american workers get back out and get the energy prices down. gillett brand urges those struggling to heat their homes to fill out an application as soon as possible. a lot of people don't even know that they're eligible. she says more families than ever will qualify for assistance reporting in washington. i'm basil, john. well, for more information on how to apply and find out if you qualify for help, you can visit benef

and for us to move forward, so senator gillibrand and i working in january with full-court press to getassed. >> senator who should be overseers of digital is it sec, cftc a lot of hands-on deck being who will oversee digital assets. >> both. the commodity futures trading commission will definitely have bitcoin because bitcoin is clearly a commodity it is fully decentralized, and then other assets, will probably be in large part at the sec, so we are going to have to provide them with adequate personnel and tools, and guidance, and statutes, and they will have to make regulations that will allow them to conduct the get consumer protections that are necessary with regard to cryptocurrency that behave like securities. >> senator great interview we so appreciate you answering the questions that investors have, thanks very much for being here and come back soon. thank you so much. >> thank you, maria. >> senator cynthia lummis joining us we are waiting on october personal income spending report crossing we are also zeroing in on inflation component that is the core pce, cheryl has numbers g

years, now there is actually a bill that was brought up, a bipartisan bill, the senators lummis and gillibrander to start regulating cryptocurrency. the congress can't even figure where they want to begin. do they want to treat it like a commodity? like pork futures or crude oil? or do they want to treat it like a security like stocks? it's very basic questions about how to regulate this industry. senator jon tester over the weekend on meet the press suggested banning outright. it is a very active debate. how likely deregulated? how do you keep this industry based in the united states and you can regulate it, so it's not just a casino? these are big, 30,000 foot level questions that have still yet to be answered by lawmakers. we have to get that stuff cleaned up before you can get really functional regulation in place. and they're not close. >> in, fact it's a big difference if it's treated as a commodity, it's a much lighter agency regulating them than the fcc. if the wall street stock. glenn, what signals does the send to the crypto industry? what is the legal basis? one thing i saw our coll

gillibrand. i cosponsored resolutions introduced by senator feinstein to raise awareness of sexual assault. these include the ending forced arbitration of sexual assault and sexual harassment act of 2022, the military justice and improvement and increasing prevention act of 2021, the speak out act, the campus accountability and safety act and resolution supporting the goals and ideals of the sexual harassment and awareness month. i also pressed the fbi and homeland security for more accountability on their handling of sexual misconduct in the workplace. moving into the next congress, senator durbin and i have agreed to jointly pursue these inquiries. with respect to mayor garcetti, several credible whistleblowers approached my office about concerning allegations that he was aware of and enabled his deputy chief of staff rick jacobs to sexually harass several employees within the mayor's office. these men and women allege that rick jacobs engaged in inappropriate physical conduct without their con

. >> victims kirsten gillibrand and madison were childhood friends. >> sixth grade they found each other, and every day they did homework together, came to our house together, they shared everything. and in the end they died together. in the same room and the same bed. it's a shame, it and hurts with the beauty of the two always being together something that will -- it comforts us, it loet us know they were with their best friends. >> a spokesperson for the moscow police department said they were starting to receive test results related to the investigation. it comes as police are clarifying statements that said the murders were targeted and i isolated. the latest statements say they do not know if the victims were targeted as several comments have cited this incident as a targeted attack. investors retraced the victims' whereabouts on the night of the murder but still have not named a suspect. on tuesday authorities removed cars from the crime scene. the idaho state police has provided security for the campus and the community given the mounting fears a murderer is still at large. >> i

kirsten gillibrand, 16,600. john hoven, 11,600. so trying to do something with that money that was ill gotten. all right. ryan, ron, gretchen, thank you so much for being here and for helping us understand it. appreciate it. >>> we're going to move to another story off the hill. yesterday, we wondered who else was going to get invited to the dance. nevada got a special council subpoena asking for communications to and from 19 donald trump associates including a number of his outside attorneys. the list which was provided to nbc by a source familiar, reads like a who's who of the 2020 election aftermath. among them, jenna ellis, rudy giuliani, sydney powell, lynn wood, bernie carrick. and thousands of mark meadows text messages show that 34 lawmakers engaged with him about overturning the election results. joining me now, ken dilanian, garrett haake and ashley parker. ashley is also an msnbc political analyst. garrett, can i start with you a little bit of breaking news though. from chairwoman maloney and the national archives. >> sh

new york senators chuck schumer , kirsten gillibrand said the funding will allow the world trade centerprogram to continue until at least 2027. it will provide healthcare benefits to first responders and others who were exposed all the toxins from the september 11th terror attacks in manhattan. schumer wanted three point $0.6 billion for the program. but was met with opposition from senate minority leader mitch mcconnell. we all remember this will never forget. and we want to tell the first responders, their families and everyone else. we will not forget you. this program will never lapse. we would have liked to have the 3.6 billion, but as kirsten knows, mitch mcconnell, you need four corners agreement to get it done in the omnibus mitch mcconnell at the last minute took it off the table. without the new funding, the program would have had to start cutting services and denying enrollments in 2024 group of nuns living in a remote area near yosemite national park. er, making a name for themselves due to their devotion to marijuana, the self proclaimed sisters of the valley are also known

new york senators chuck schumer and kirsten gillibrand said the funding will allow the world trade centerprogram to continue at least until 2027. it provides health care benefits to first responders and others who were exposed to toxins from the september 11th terror attack in manhattan. schumer wanted $3.6 billion for the program, but was met with opposition from senate minority leader mitch mcconnell. we all remember this will never forget. and we want to tell the first responders, their families and everyone else. we will not forget you. this program will never lapse. we would have liked to have the 3.6 billion, but as kirsten knows, mitch mcconnell, you need four corners agreement to get it done in the omnibus mitch mcconnell at the last minute took it off the table. without the new funding, the program would have had to start cutting services and denying enrollments in 2024 sam blankman freed was ordered to home confinement at his parents' house in palo alto after posting a $250 million bond, the former ceo of failed cryptocurrency exchange, ft. x was led out of a manhattan courthous

we saw a bipartisan senate bill get introduced over the summer by senators gillibrand and lumus, andnother kind of congressional odd couple, if you will, trying to define even some of these elements of what makes up cryptocurrency, in exchange, an exchange, a broker and light regulation around, it that bill is still stuck in the banking committee, too. so i think to your final point there, we are at the beginning of a long road towards regulating this industry, if we ever get there. i mean think of how long it took, even after the financial collapse of 2008, to get to the dodd frank bill being passed. we have not had a similar shock to the system. ftx does not quite rise to that scale that might motivate bipartisan coalition to really get serious about this just yet. >> garrett haake live for us on the hill. thank you. >>> new reporting from texas, looking at the push to try to get the state data on trans gender people living in that state. >>> but first, we're talking about president biden's multibillion dollar pledge, the u.s. africa summit, the first in nearly a decade. live at th

. >> it goes to the conversation i had with senator gillibrand. it's important to understand what conflicts and what relationship a cftc regulated across the globe. currently, the authority is limited to essentially a notice filing, where the registered entity would only have to give notice to the ftc room that they were in some sort of consolidation with another entity. obviously, as we are learning now, this has huge potential impact on u.s. investors, but i would say this. for the same reason that we the cftc were not able to look into the other affiliates, which he designed as essentially disaster, it was those same reasons that -- you couldn't steal money out of ledger acts. and that is a tough balance, it's something that we should think about collectively. but my job is to protect u.s. customers money and cftc regulated entities, and knowing what we did with ledger exxon what we are currently doing, that is what i'm focused on. what i am learning, we should think about whether it is important and weather needs to change. and whether there a

my colleagues, senator menendez, senator gillibrand got 13 signatures in a letter of support urging that that be included. there is a letter from various groups from the island. including the puerto rico chamber of commerce. which supports it. in the secretary of energy who has spoken favorably of it. this is an idea with good appeal. i think you can do a lot for families. and while it is not the substantive total structural answer to the questions that we will be dealing with here today, it became a prevalent question of concern to us given the reactions we were getting after fiona. and so we're going to urge people to support that. i want to thank all of you for your support. i was -- before i think the witnesses and close up, the meeting, i know that nobody wants to leave. i'm going to break this up. i want to say something. this whole discussion and much of the discussion that is a current has been around trying to address the issue of disparity. that these emergencies, the reconstruction and energy delivery on the island or -- there has to be a balance in that equity going forward.

. >> i am told senator gillibrand would like to ask virtually. >> americans should not have to worry where the next meal will come from that yet in 2020 older americans are food insecure estimating seven.six are food insecure with those racial minorities those living below the poverty line and then to increase the likelihood of chronic health conditions among older adults and reducing capacity and i recently sent a bipartisan letter to appropriators requesting the appropriations bill to include one.$93 billion of funding and then those nutrition services which critically support the delivery of nutritious meals to adults throughout the country. thank you for sharing some of your work to promote affordable and healthy food how to strong funding with the collaborative with that strategy for cultivating solutions to and hunger? how does that boost the cooperation quick. >> thank you senator. to begin one way this will have a huge impact so this is an issue that came up earlier and the importance of this particular intervention, what we're trying if you think of the average individual at

kirsten elizabeth gillibrand is a lesson learned about what conflicts what relationship that the cftc has with other affiliates both in the u.s. impossible lofgren olevia authority is limited to essentially notice filing where the lead and registered entity wouldst only have to give notice to the cftc that they are being acquired or in some sort of consolidation in combination with another is eat. slaves werean learning, as has huge potential impact on u.s. investors i would say this, for the same reason that we will not able at the cftc not able to look into the other affiliates which andre described as essentiallyy a disaster. it was the same legal reasons the ftx affiliates while all of this illegal activityhi was happening, work not able to pierce through the ledger x entity and potentially feel use u.s. customer money out of the ledger x. thisis a tough balance and something that we should think about collectively my job is to protect u.s. customer money and the cftc regulated entities and knowing what we did with x and what we are currently doing it, that is william focus on the

unilaterally raising prices with their algorithm or secret sauces, senators cassidy, issued and gillibrand and i have a bill. all we're asking fema to do is talk to us and tell us how they're coming up with these rate increases. the american people pay the salary of the people at fema. and my people and your people, mr. president, deserve to know how their policies are being priced. and, mr. president, -- mr. president biden if you are listening, i hope you will pick up the phone and you will call your fema director. for him i have great respect. i don't hate anybody. but i hope the president will call the fema director here and ask him what planet he para chuted in from and what -- parachuted in from and what is he thinking with charging the american people these prices. thank you, mr. president. i notice the absence of a quorum. the presiding officer: will the senator withhold his request? mr. kennedy: i will, mr. president. the presiding officer: thank you. under the previous order, the nomination. is there a sufficient second? there appears to be. the clerk will call the roll. vote: vo

>> i think as we mentioned to senator gillibrand, this question about our ability to pierce through these and of the regulated entity in this case the questions that i'm getting today we've gotten in the past. there've been some suggestions that are full's but we have authority to go into the entity is that we simply did not. it's the limitation and i think that might be something to consider but i would say that it comes with risks and that's what we need to balance because what or those risks, i couldn't come before the committee today to tell you i know exactly where the customer money is in the entity and that is what worries me. if we have that reciprocal relationship with nonregistered entities, these other affiliates, would that have given the affiliates an opportunity to potentially take that customer money in which case that isn't a message i'm going to be sharing with you. >> in terms of the sort of global situation, the regulatory structures and other places around the world, are there some that can act as a model for how we might do things here and a lack of regulations othe

i want to thank senator gillibrand for working so hard on this legislation with me. and i also want to thank senator blumenthal for working with me to get risa's law across the finish line. now this will require new safety standards for toys and other products to prevent children from swallowing button batteries. safety was a key theme of the work we did together on the committee for consumer protection this year. as we explored ways that we could rein in big tech, we looked to regain control over your virtual you, your presence online, and also to introduce competition into the tech sector. this past february, senator blumenthal and i introduced the kids online safety act. after a series of hearings it exposed big tech's disregard for the safety of its underage users. we also worked closely together on the open app market app which will stop tech giants from stifling competition in the app store marketplace. both of these bills have earned extensive bipartisan support, and i see no reason why we won't be able to get them across the finish line very soon. i want to c

>> this goes to the conversation i had with senator jill a brand --gillibrand what relationship we have with other affiliates in the us and across the globe. currently the authorities limited to a notice filing where the registered entity would only give notice to the cftc that they are being acquired or in consolidation or accommodation with another entity. as we are learning now this has huge potential impact on us investors but i would say this. for the same reasons that we were not able to look into the other affiliates which john ray described, those same legal reasons the ftx affiliates, of all this allele activity that was happening were not able to pierce through the letter x entity and potentially steal or use us customer money out of ledger x and that is a tough balance, something we should think about collectively but my job is to protect us customer money, cftc regulated entities, knowing what we did with ledger x and what we are currently doing that is what i'm focused on but what we are learning we should think about whether the policy is appropriate and whether or not the