news agency and the cryptocurrency market is still affected by the complaint of the american securities exchange commission and other countries. base filed a complaint and some other countries declared activities with this effect illegal. mark fagel, one of the former employees of the us securities exchange commission, announced in a tweet that the judge of the case will issue his final verdict in the coming days in this case. accused of earning one and two-tenths of a billion dollars through the illegal sale of unregistered bahadur, and the former chairman of the us securities and exchange commission declared in 2018 that ethereum is not a security donkey. many cryptocurrency market participants believe that his words about gripper also true investing in products in the field of digital currencies has been the capital corner for this week in a row. according to the report of the control of digital currency investment products, with these exits, a total of 423 million dollars of capital has been withdrawn from the field of cryptocurrency in the latent period . germany experienced partial inflows of 3, 70,

attorneys in the securities and exchange commission talking about what it told american investors calling a -- following a short seller's report. haslinda: higher yields sending stocks lower on the back of rate rises by several central banks. norway, switzerland also raised rates, sending nerves in the markets and wondering what will happen to the economy. erin mind yellen who did come out to say, and it comes to the risk, the odds of a recession in the u.s. is easing. we have the hung sing index down almost 2%. chinese tech stocks under oppression. tencent trading lower. hang seng back from a holiday effort. the nikkei also under pressure. take a look at the yen. breaching 143. this is the level we saw last year, will there be of intervention. keep a watch on that. it is about the bond market, yields rising across the board. just below 100 basis points, indication of a recession, but janet yellen says maybe. maybe not. rishaad: we are looking at the open for the opening like the rest of the part of the world to the downside. .5% lower move right now. dollar getting stronger as well. look

securities or ought to be under american law. so we are sort of seeing the rubber hitting the road here with cryptocurrency. >> securities and exchange commissionent, and therein lies the problem. >> yes. >> i thought it was very interesting yesterday this interview that gary gensler the top cop of the s.e.c. he gave the cnbc. here is a scclip of it. >> we don't need more digital currency. we already have digital currency. it's called the u.s. dollar, the euro, the yen. they are digital right now. we already have digital investments. >> but the companies, i will take coinbase as an example, push back and say you didn't give us a framework. by the way, you allowed us to go public. you allowed us to. so what gives now? >> okay. so one fun fact. coinbase whent public april 14t of 2021. gary gensler assumed office on april 17th of 2021. he literally wasn't in charge when they went public. that even misses the bigger point. anyone is allowed to go public if you file the right paperwork. so the defense that we were allowed to go public is really not an defense. it's not a defense in the court of law, even coinbase's own disclosures if you read the fi

have a real opportunity to truly help unleash the american economy and to do that we've got to make sure that in particular securities and exchange commissionto run rough shod over our capital markets. we continue to see rules and regulations that drive forward a woke agenda, assisting woke corporations, instead what we should be doing is the exact opposite, making sure regulating the risk of these companies, the risk of our banks but otherwise allowing them to get the job done. we continue to see chairman gensler, in particular, at the securities and exchange commission run really aggressive policy, rule making that actually i think need a significant more economic check in the actions they're taking. maria: yeah, where are the most aggressive rule making coming in terms of sectors. >> well, i'm concerned about what bank policies are coming forward in particular as relates to bank capital standards, this is a policy that's going to be driven likely by the fed. at any time we could see a rule making coming in the federal reserve. our bank passed a significant stress test at a period of time when we see interest rates continuing to climb, ca

the securities and exchange commission argues 1.3% of accredited investors are african-american and 2.8% are latina even though they make up a third of our country. are you telling me they don't have the knowledge to invest in a company? of course they do. startups are integral to our nation's innovation and job creation. from my years of experience in helping small firms raise capital this will enhance capital formation and long-term wealth appreciation for those with the knowledge to apply it. this bill provides that strong understanding of an offering, the opportunity to increst in private offerings and this is good for arkansas and entrepreneurs across our country. this is about giving this limited to public market opportunities the chance to build savings, investment and wealth in private companies. if you have the knowledge and expertise you ought to be given the chance in an industry you know well. with that, let me thank the gentleman from california, mr. vargas, as well as mr. schweikert, an original co-sponsor of this bill and i thank the chair woman for her support. and i yiel

securities and exchange commission harvey pitt who died at the age of 78. pitt was on mornings with maria this past july talking to you about americans investing in china, watchou're buying these companies you're in effect funding the ccp expansion? >> it can't be an sec regulatory body versus the chinese regulatory bodies. the chinese government takes a very distorted notion of what our state secrets and these companies are supposed to be independent entities. unless there is a hard line taken, we are going to see a lot of activitiys with respect to u.s. investors in chinese companies. cheryl: harvey pitt was 78 year's old. georgia state body cam video catching horrific crash as a car flies 150 feet in the air: >> 10-50 rollover. cheryl: incredible. deputies rushing to the 21-year-old driver taking him to the hospital, being she, she's severely hurt and, quote, unable to speak. the cause of that crash still unknown. well, shareholders at exxon mobile and chevron striking down proposals for esg, some examples urging the companies to cut greenhouse emissions arising from field house consumption. they wanted the companies to disclose oil spill risks, well, the

american agriculture currently faces. i'm getting dive right in let's talk more about the fcc security and exchange commission proposed rule entitled enhance standardization climate related disclosure for investors that my colleagues have previously touched on today in my view if this proposed rulemaking is allowed to be finalized and will have a devastating impact on farmers across the country. under the proposed rulemaking farms would be required to disclose considerable amount of climate related information in order to do business with public companies. in may of last year i was proud to lead a bipartisan letter signed by 100 members of congress to the security and exchange commission pushing back on the hardy proposed rulemaking. mr. chairman i asked the unanimous consent to have the letter entered into the record. >> without objection. >> president duval if this proposed rulemaking is finalized, certainly you think public companies by and large will be willing to pay farmers more to account for the increase compliance cost, calculating their admissions or do you think perhaps increase cost of the rulemaking will simpl