types of provisions people are looking for and we the sticking pointsai early on t the financial services government, talking about irs funding and national security, about the specific details but i am expecting a lot more to come out in the weeks ahead. >> there's a potential for a 1% across the government cut if congress can't come to a deal. how would that happen? >> after april if congress fails to pas i bill. they already have technically under the bill that passed last year. there's a lot of confusion that isn't really possie but it will carry out in that regard of it looks different from what is expected to happen after april 30th. but it would take, how it's been explained to me is it would take effect across the board and it would be kind of indiscriminate cuts so it'sin not like if you work for the education department i am going■8 to do 1. no from how it's been explained it would be program by program but there's a lot of different interpretations of how it would be implemented if they were to come to that point but i don't think they want that. >> short-term spending bills, more deadlin

i'll tell you, steny hoyer presented today as ranking member of financial services general governmentdone getting leadership out of him. i think it's a tribute to the caucus and to those individuals. mr. lieu: i want to say, mr. clyburn is a legendary member of caucus who ha provided principled, inspiring leadership to the democratic caucus. he has -- his wisdom and experience are irreplaceable. that's w■hy i'm grateful he'll e back next term, continuing to help steer our caucus and i also want to welcome joe in his new role.. [captions copyright national cable satellite corp. 2024]

i'll tell you, steny hoyer presented today as ranking member of financial services general governmentrship out of him. i think it's a tribute to the caucus and to those individuals. mr. lieu: i want to■q say, mr. clyburn is a legendary member of caucus who has provided principled, inspiring leadership to the democratic caucus. his wisdom and experience are irreplaceable. that's why i'm grateful he'll be back next term, continuing to

i'll tell you, steny hoyer presented today as ranking member of financial services general government. we're not done getting leadership out of him. i think it's a tribute to the caucus and to those individuals. mr. lieu: i want to say, mr. clyburn is a legendary member of caucus who ha provided principled, inspiring leadership to the democratic caucus. he has -- his wisdom and experience are irreplaceable. that's w■hy i'm grateful he'll e back next term, continuing to help steer our caucus and i also want to welcome joe in his new role.. [captions copyright national cable satellite corp. 2024] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> house republican leaders also met with the press today. speaker johnson said he would release the text of the bill extending government funding passed a friday night deadline. he joined other republican leaders in house numbers that talked about elements of their agenda. ms. stefanik: good morning. americans have had enough of joe biden and far-left democra

chuck edwards, welcome to the subcommittee on financial services and general government. th that out of the way, let's get started. the subcommittee on financial services in general government will come to order. welcome to our first subcommittee hearing president's budget request. appearing before the subcommittee today are that treasury secretary janet yellen, office of budget management you longer young, our economic advisers as well, thank you each for taking time out of your busy schedules to be with us today, this will be an important discussion, which should not be taken lightly. we are here to discuss the fiscal year 2025 budget request, and our nation's economic outlook. i'm happy to share that this is the first time in over a decade that this committee has had a panel with the treasury secretary and the council chair. thank you for being here. going forward, we hope to have you back more frequently. it is important for the american people to have more transparency into the financial direction of the country. it is my opinion that the reckless spending, and out-of

thank you.ne minute gentleman from maryland, the distinguished ranking member of the financial services and general governmentgentleman from maryland is recognized. mr. hoyer: one minute, too little time. the financial services bill is e alternative. thirdly, it is ironic that the group that has made comprome the most difficult over the last year continues to oppose compromise. is about compromise. this is a responsible compromise. as so many of the chairs of the subcommittees on the republican side have said, the alternative is the least responsible action that we could take. urge my colr this bill as the responsible,eft the operations up to this point of the appropriations committee have not beent understand that. but it is our collected failure, caused, as i said, by does not . pass this bill. america needs this bill. not goo be followed by passing aid for ukraine. i yield back the balance of my time. the speaker pro tempore: the gentleman yields. thnt mr. roy: well, the distinguished former majority leader brings up the financial services bill. what he left out was the fact that we are going to give $200

yield one minute to the gentleman from myl the distinguished ranking member of the financial services and general governmentaker pro tempore: the gentleman from maryland is recognized. mr.inute, too little time. the financial services bill is a good bill. it's the responsible alternative.■e thirdly, it is ironic that the group that has made compromise the most difficult over the lase compromise. legislative action is about compromise. this a responsible compromise. as so many of the chairs of the subcommittees on the republican side have is the least responsible action that we could take. i urge my colleagues to vote for this bill as the responsible, effective alternative notwithstanding the fact that the ope this point of the appropriations committee have not been what they ought to be. we all understand that. our col, caused, as i said, by a group who does not want compromise.il. america needs this bill. it is a shame it's not going to be followed by passing aid for ukraine. i yield back the balance of my time. the speaker pro tempore: the gentleman yields. the gentleman from texas is recognized. mr. roy:

subcommittee on financial services into general government.ch next week live on c-sr on chead over to c-span.org for scheduling information or to c-span, your unfiltered view of government. >> american history tv exploring the people and events that tell the american story."free to choose" made by martin friedman at his wife rose friedman. this episode is entitled how to stay free. university of california law professor david ziegler looks at the history of abortion and contraception laws in the u.s.. on "the presidency," they share little-known parts about the presidency. exploring the american story watch american history tv every weekend anytime at c-span.org/history. >> doesn't just look like this, it looks like this, where americans can see democracy at work when . citizens are truly informed, our republic thrives. get informed straight from the source on c-span. unfiltered, unbiased word for word. from the nation's capitol, to wherever you are. the opinion that matters the most is your own. this is what democracy looks like. c-span, powe

financial discipline. on the government services portal.l be a new self-prohibition service for issuing loans, but now there are important options. in what situations all this can be useful, we will tell you about this in 5 minutes in the program instructions. first, let's talk about deadlines. electronic applications through the state services portal can be submitted from the first of march next year, when the necessary digital infrastructure is ready. c 1 on september twenty-fifth, the application can be submitted in person through the mfc closest to you. technically, this... the mechanism worked as securely as possible without failures. what can be done now? since october 22, special rules from the center of the bank have been in effect. according to it, banks are obliged to provide their clients with the opportunity to set a ban on online transactions, either all at once, or some individual services, for example, transfers or obtaining loans online. it should also be possible to set yourself limit on services for certain periods, for ex

financial products and services like bank accounts, loans, and credit cards. not only are consumers happy with their banking choices and the service they received from their banks, they are skeptical of the governmente financial services marketplace. according to our survey armor seven in 10 american consumers agreed that the economic challenges facing our country, everything from persistent inflation to slowing growth, given all that now is not the time to impose additional regulatory burdens that will restrict bank lending. and a similar number agreed that when so many new simultaneously, regulators should be required to assess the combined effects of the new rules on banks, consumers, and the broader economy before the rules can take effect. we could not agree more. to bring my comments to a close, the message i want everybody to take away is this. there are two different stories being told now about the banking sector. one is rooted in faulty, inadequate, or nonexistent data. consequently, regulations tailed scenario are fundamentally unsuited to the real world of banking that americans live everything today. and, pursuing their implementation will do significant harm to our nation's banks, the

of management and budget testify before the house appropriations subcommittee on financial services and general governmentt biden's 2020 five proposed budget. watch next week live on the c-span network or on c-span now our free mobile video app. also go to c-span.org for scheduling information. to watch live or in demand any time c-span, your unfiltered view of government. >> book tv, every sunday on c-span two discussing their latest nonfiction books. at 5:00 p.m. eastern books on education, beginning with the author of school mom, which looks at the rise in parent activism and the attempt to gain control over public schools at the local level. and then at 6:00 p.m. eastern the plan for an alternative to the u.s. education system with the book, getting education right. n on afterwords the author of selling the dream discusses how multilevel marketing businesses make their profit. she is interviewed by a business insider senior correspondent. watch book tv every sunday on c-span2 and find a full schedule or program guide anytime on booktv.org. >> a healthy democracy doesn't just look like this, it looks l

press hearing and treasury secretarybefore the house appropriations subcommittee on financial services in general governmentident biden's 2025 proposed 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 watch live or on-demand any time c-span, your unfiltered view of government. >> if you ever miss any of c-span's coverage, you can find it anytime online at c-span.orgvideos of key hearings, debates and other events feature markers that guide you to interesting and newsworthy highlights. these markers appear on the right side of your screen when you hit play on select videos. it is easy to quickly get an idea of what wa and decided in washington. scroll through and spend a few minutes on c-span's points of interest. >> c-span is your unfiltered view of government. we are funded by these television companies and more, including charter communications. >> charter is proud to be recognized as one of the best internet providers, we are just getting started building 100,000 miles of new infrastructure to reach those who need it most. a

on the contrary the fiscal year 2024 financial services and general government fundiincluder advancedepublican colleagues that would permit concealed carry of firearms in the distric o astonishing that you would do that at a time when we are concerned about violent crime. guns and let's make this clear, guns make violent crime more violent and more deadly and i struggle to reconcile my colleague's concerns about violent crime with a complete disregard to the of those crimes. there are no commercial gun stores in the district of colombia. so the guns used here are from out oflv■ state, these guns are often acquired illegally through either straw purchasers or unlicensed sellers. yet every single republican on this committee who was here in last congress voted bipartisan safer community act which created the first criminal statute for firearms traffickin. just recently capitol police officers arrested a man just off capitol grounds carrying a rifle he broug colombia from the state of georgia unless we take common sense steps supported by a majority ofns people of the american people on

management and budget testified before the house appropriations subcommittee on financial services and enteral governmentve post budget. -- 2025 proposed budget. watch on the c-span network or on the 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. washington journal continues. host: welcome back. we're joined now by rafael man gual from the manhattan institute where he is a senior fellow at head of research of policing and public policy and also the author of "criminals injustice." guest: thanks for having me back. host: can you talk a little bit about the manhattan institute as an organization, your mission? guest: sthe manhattan institutea public policy think tank founded in 1978 in new york city, and our mission is basically to promote freedom and well-being across urban america, though not exclusively. i think it would be fairly characterized as relatively conservative or libertarian by policies. in terms of our funding, it mostly comes from a private individual donors and in my work, it's

management and budget testified before the house appropriations subcommittee on financial services and enteral government when he five post budget. -- 2025 proposed budget. watch on the c-span network or ■ualso, head over to c-span.org for scheduling information or to watch a live and on-demand anytime. of government. washington journal continues. host: welcome back. we're joined now by rafael man gual from the manhattan institute where he is a senior fellow ahead of research of policing and public policy and also the author of "criminals injustice." guest: thanks for having me back. host: can you talk a little bit about the manhattan institute as an organization, your mission? guest: sure. the manhattan institute as a public policy think tank founded in 1978 in new york city, and our mission is basically to promote freedom and well-being across urban america, though not exclusively. i think it would be fairly characterized as relatively conservative or libertarian by policies. in terms of our funding, it mostly comes from a private individual donors and in my work, it's pacific the on criminal justice s

financial discipline. it will appear on the government services portal. the new service is a self-prohibition on issuing loanss in which situations all this can be useful, we will tell you about this in five minutes in the program instructions. first, about the deadlines: electronic applications through the state services portal can be submitted from march 1 next year, when the necessary digital infrastructure is ready. from september 1, twenty-fifth , the application can be submitted in person through the mfc closest to you. technically, it's difficult. from the point of view of combining databases, that is , a technical application will be submitted to all credit history bureaus, and banks, in turn, by checking with these credit history bureaus, will be able to receive confirmation that a loan can be issued or receive information about a ban on issuance. it would seem that this is not a complicated process , yes, essentially one setting is needed, an additional one bridge between government services and all credit history bureaus, but issues of confidentiality of information are important here, because we q

next year it will be easier to maintain financial discipline, a new service will appear on the government a self-prohibition on issuing loans, but now there are important options in which situations all this can be useful about this in five. we'll tell you the instructions in the program in a few minutes. first, let's talk about deadlines. electronic applications through the state services portal can be submitted from march 1 next year, when the necessary digital infrastructure will be ready. from september 1, twenty-fifth , the application can be submitted in person through the mfc closest to you. technically, this is difficult from the point of view of combining databases, that is, a technical application. submit to all credit history bureaus, and banks, in turn , by checking with these credit history bureaus, will be able to receive confirmation that a loan can be issued or receive information about a ban on issuing a loan; it would seem that this is not a complicated process, even essentially, one setting is needed, additionally one bridge. the second is subject to special rules from

financial regulation and the implications for the future of fintech as well, the financial services agency of japan is a governmentor overseeing the banking securities and exchange and insurance sector as well. shigeru ariizumi is vice minister for international affairs at the jfsa and joins us from tokyo. thank you for joining us. i do want to start on that decision to end japan's negative rates policy. the first interest rate hike in 17 years. how do you think this change is going to impact the private sector? >> thank you. i am delighted to be with the program. i think the bank of japan's decision to depart from monetary policy and shifting to a new stage reflects the current developments in the macroeconomic situation, domestic and abroad. the bank has also stated that it anticipates the accommodative monetary conditions will continue. the government welcomes this to ensure we consolidate the positive signs and momentum currently seen in the japanese a company -- economy. the government and the company will work closely moving forward. your question on the impact of the private sector, this should be taken in

protect themselves from scammers, you can submit an application either through government services to restrict all... financialanizations, from issuing loans or a loan in your name, in general, without your additional consent, with such a set of measures on the part of the borrowing banks, scammers simply will not have a chance to take out a loan in someone else’s name. well, we had the opportunity, together with nastya chernobrovina, to discuss this topic with the boss department of information security. relates to credit institutions in terms of enhancing customer information, including information regarding these risks of fraudulent loans, and naturally, when the system identifies a certain risk , a call is made, it may depend on the amount. it has no right to interfere in the operational activities of banks, so this is the level of recommendation, but i just wanted to ask about this, does the bank of russia intend to go further, and if the financial organization does not follows the recommendations of the bank of russia and does not carry out the appropriate inspection, then be punished with penalties up t

and the dtofice ofd budget testify before the house appropriations subcommittee on financial services and general governmentposed 2025 budget. watch live this week on the c-span networks or on c-span now, our mobile video app, or go to c-span.org for scheduling information or watch on-demand anytime. c-span, your unfiltered view of government. >> for c-span's voices 2024, we are asking voters across the country what issues most important to you this election and why? >> the most important issue this political season is immigration. >> economics and the deficit. >> i think homelessness is an issue that needs to be addressed. >> we invite you to share your voice by going to our website, c-span.org/campaign2024. c-span's voices 2024. be a part of the conversation. >> washington journal continues. host: we takengton. always glad to have scott wong with us, senior congressional reporter with nbc news. congress has until midnight friday to avoid another partial government shutdown. remind viewers what would actu b down if they don't reach a deal and how close are they to reaching a deal? guest: exactly right, joh

financial services committee. all coming up tonigh on c-span. >> c-span's "washington journal," a live forum involving you to discuss the latest issues in government, politics and public policy. from washington, d.c. anro coming up thursday morning, we'll discuss tomorrow's state of the union address, government funding deadlines, and conflicts in gaz ukraine, with nebraska republican congressman adrian smith, texas democrat congressman marc veasey, democrc congressman brad sherman, and republic fa keen. join us on c-span, c-span now our free mobile app, or online at c-span.org. >> two years ago, democracy faced the biggest threat since the civil war. today, though bruise, our democracy remains unbowed and unbroken. >> thursdaye union address to outline his priorities for the country. watch our live coverage beginning at 8:00 p.m. eastern with our preview program followed by president biden's state of the union speech, then alabama senator katy britt will give the republican response and we'll get your reaction by taking your phone call, texts and social media comments. watch the state of the union address, live, thursday, at 8:00 p.m. eastern. on

only are consumers happy with t choices, , and the service they received from the banks, they are skeptical of the government interfering in the financialplace. according to our survey almost seven in ten american consumers agree that the economic challenges facing our country, everything from of growth, given all that now is not the time to post additional regulatory burdens that will restrict bank lending. and a similar number agreed that when so many new■