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Sep 18, 2023
09/23
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doug virtue ceo, he is a critic of gary gensler.about lyft, lyft didn't make the mistake really. when you go back, it was the board member failed to tell lyft that he or she, i'm not sure who it is, i will say, he, sold stock before the ipo a reportable instance. what they essentially did, as soon as they, you know, as soon as they were alerted they had to filed it. so you're essentially holding lyft responsible for -- liz: for bad behavior. >> of a board member. no way lyft would have known. you're running a company, the board member selling privately through a broker. >> we're so vulnerable through our children, our board members. >> hester peirce is out now attacking this decision. she voted against bringing charges. i don't know how she voted on the virtue case. liz: she is sec member. >> she is a commissioner. she is the one who said we have a pull quote from her, and i think this is indicative of gary gensler's, some of the controversy around gary gensler, basically saying why should i be holding, i don't support fining a comp
doug virtue ceo, he is a critic of gary gensler.about lyft, lyft didn't make the mistake really. when you go back, it was the board member failed to tell lyft that he or she, i'm not sure who it is, i will say, he, sold stock before the ipo a reportable instance. what they essentially did, as soon as they, you know, as soon as they were alerted they had to filed it. so you're essentially holding lyft responsible for -- liz: for bad behavior. >> of a board member. no way lyft would have...
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Sep 29, 2023
09/23
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because they're being regulated by gary gensler and the sec.? so the staff calls up valkyrie and says can you just wait a couple days to let everybody do it at the same time -- liz: for everybody to catch up? >> i just want to know who the connections with these other firms with the sec, that's clearly -- liz: who called fetching. >> i'm9 not saying there is, like, the fix is in. sometimes there are innocent explanations for stuff that looks really bad. again, we put a call in to the sec, we're waiting for them to get back to us, but this is juse crypto industry right now because it is so bizarre, it makes no sense and, again, liz, i mean, we've been reporting this out for a long time. there needs to be a standard of compliance in crypto that is set and is followed uniformly. they should literally tart from ground zero -- start from ground zero and do some sort of safe harbor on this stuff now because this is getting really bad. literally, ftx was going to get green lighted to do some sort of sec-approved exchange -- liz: before it went bankrup
because they're being regulated by gary gensler and the sec.? so the staff calls up valkyrie and says can you just wait a couple days to let everybody do it at the same time -- liz: for everybody to catch up? >> i just want to know who the connections with these other firms with the sec, that's clearly -- liz: who called fetching. >> i'm9 not saying there is, like, the fix is in. sometimes there are innocent explanations for stuff that looks really bad. again, we put a call in to...
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Sep 20, 2023
09/23
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kailey leinz caught up with gary gensler about the possibility of a shutdown on capitol hill.ure she lobbed a few crypto questions at him as well. >> it will largely be a skeletal staff under the laws. so the normal oversight we have on markets will not be possible. just simply not. for how many days that happens. companies that want to go public may not find their filings could be reviewed by the sec. matt: kailey leinz joins us live from washington. kailey, there is so much going on there for you. you've got the uaw strikes, the looming government shutdown, now you have spoken with gary gensler since you and i coanchor a crypto show together, i am most interested in what you asked him about etf's. kailey: of course i asked him about that knowing the chairman does not speak about ongoing litigation he also up then says he is one member of the five-member commission. and he cannot prejudge anyone product, he needs a process to play out. did i get a firm answer on the spot they coin etf application? i did not. i did ask him how recent court decisions we have seen collectively h
kailey leinz caught up with gary gensler about the possibility of a shutdown on capitol hill.ure she lobbed a few crypto questions at him as well. >> it will largely be a skeletal staff under the laws. so the normal oversight we have on markets will not be possible. just simply not. for how many days that happens. companies that want to go public may not find their filings could be reviewed by the sec. matt: kailey leinz joins us live from washington. kailey, there is so much going on...
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Sep 6, 2023
09/23
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how has that reflected on gary gensler to your mind as the leader of that?u saw in the latest challenge on the etf. the bitcoin etf. not only that, but the judge really admonished the sec. called them out in a way you do not usually see very often. i think it is more proof that gary gensler's decision in engaging this regulation by enforcement rather than getting clear laws, he knows they are not clear. he just likes that lack of clarity so that he can go after anybody and make up the rules as he goes along. that is not the american way. they should be a congress, we should have clear rules from the legislatures. not through the unelected power-hungry, and misplaced decision-makers facing gary gensler. ed: you heard it, strong words against the chair of the lead u.s. regulator that he is making an appeal that is we want the federal government to write laws, not go to court again the same agency. caroline: we are getting more and more clamor that this is bipartisan in some way. dwell on the san francisco element here, because this is what caught my attention,
how has that reflected on gary gensler to your mind as the leader of that?u saw in the latest challenge on the etf. the bitcoin etf. not only that, but the judge really admonished the sec. called them out in a way you do not usually see very often. i think it is more proof that gary gensler's decision in engaging this regulation by enforcement rather than getting clear laws, he knows they are not clear. he just likes that lack of clarity so that he can go after anybody and make up the rules as...
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Sep 15, 2023
09/23
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gary gensler calls it gamification. he's been writing about it for awhile.ave a point about it. i understand why it's growing, it's been a huge hit in the last year. but let's be a little cautious about encouraging people to jump into day bets on the stock market. >> well, gary gensler can speak out about gamification of the markets and yet they approved this product, right? >> they absolutely did. look, it's -- it's one thing to stand up and say, oh, this is illegal, and somehow it's not illegal. look, the derivatives market, we don't know how big the derivatives market is. it dwarves the underlying market. there's nothing illegal about it. the question is, whether we want to keep endlessly encouraging it. it's not what we're going -- there's a legal basis to deny the application for this. i think it's fine. i'm not opposed to a continuing to trade. i'm trying to raise a flag here and say, look, there are aspects of this that make it very, very easy for market behavioral economics if you study that to get people involved. that dopamine high, the cash settle
gary gensler calls it gamification. he's been writing about it for awhile.ave a point about it. i understand why it's growing, it's been a huge hit in the last year. but let's be a little cautious about encouraging people to jump into day bets on the stock market. >> well, gary gensler can speak out about gamification of the markets and yet they approved this product, right? >> they absolutely did. look, it's -- it's one thing to stand up and say, oh, this is illegal, and somehow...
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Sep 17, 2023
09/23
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more concerns about this, gary gensler calls it gamification. he does have a point about this.so i understand why it's growing, it's been a huge hit in the last year for sebo. but let's be a little cautious about encouraging people to jump in to day bets on the stock market. >> well, gary gensler can speak about gamification, but the s.e.c. approved this product. that's the irony in all of this. >> they did. it's one thing to stand up and say this is illegal and somehow it's not illegal. the derivatives market is, we don't even know how big the derivatives market is, it dwarves the underlying market. there's nothing illegal about it. the question is whether we want to keep endlessly encouraging it. there's not a legal basis to deny the application for this. i think it's fine. i'm not opposed to it continuing to trade. i'm simply trying to raise a flag here and say, look, there are aspects of this that make it very, very easy for market behavioral economics, if you study that, to get people involved, that dopamine high, the cash settlement, one-day bet. i think the s&p is up tod
more concerns about this, gary gensler calls it gamification. he does have a point about this.so i understand why it's growing, it's been a huge hit in the last year for sebo. but let's be a little cautious about encouraging people to jump in to day bets on the stock market. >> well, gary gensler can speak about gamification, but the s.e.c. approved this product. that's the irony in all of this. >> they did. it's one thing to stand up and say this is illegal and somehow it's not...
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Sep 13, 2023
09/23
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gary gensler wants to change the entire market structure.ause i hate to say there is no crime here. liz: let's circle back here. you're saying it is politics. >> he is saying it is politics. liz: we know gensler has gone after obviously the coinbases of the world and also some other market makers. >> right. liz: when it came to everything that was going on robinhood, et cetera. is this all part of it, that i believes is tingeing the picture? >> i don't know. the sec always wants to show it put people on guard, make sure your records -- liz: but it was a glitch and they fixed it. >> that is the problem with this case. i'm trying not to be political here myself because i know both sides obviously. liz: sure. >> there is no victim here. like it basically said the case, if your traders wanted to on the proprietary side they could havep at thatted in whatever code they have, they all have the same code and got in on the market making side and front run on that side but they didn't do it. liz: a disaster or miss is -- >> it didn't happen because t
gary gensler wants to change the entire market structure.ause i hate to say there is no crime here. liz: let's circle back here. you're saying it is politics. >> he is saying it is politics. liz: we know gensler has gone after obviously the coinbases of the world and also some other market makers. >> right. liz: when it came to everything that was going on robinhood, et cetera. is this all part of it, that i believes is tingeing the picture? >> i don't know. the sec always...
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Sep 12, 2023
09/23
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coming up, gary gensler telling congress the crypto industry is rife with fraud and abuse.lights from his testimony in just a moment. this is bloomberg. ♪ >> it is inconsistent with decades of legal and commissioned regarding conflict of interest including the commission's own. alix: sec chair gary gensler testifying this hour saying the crypto industry is rife with fraud and abuse. kailey leinz is outside the hearing room. what have we learned so far? kailey: some of this is stuff we have heard repeatedly from chairman gensler including the line about being rife with fraud and abuse and said he couldn't talk about any ongoing litigation processes. he has been dealt some poor hands in court lately. i spoke with the chair of the committee and he was asked that the sec should be regular in crypto differently and he said some judges are hand picked. and there are some who will say the sec is overreaching doing these things but he is broadly defensive of chairman gensler and his leadership of the agency. it has been divided on partisan lines, democrats are supportive of what ge
coming up, gary gensler telling congress the crypto industry is rife with fraud and abuse.lights from his testimony in just a moment. this is bloomberg. ♪ >> it is inconsistent with decades of legal and commissioned regarding conflict of interest including the commission's own. alix: sec chair gary gensler testifying this hour saying the crypto industry is rife with fraud and abuse. kailey leinz is outside the hearing room. what have we learned so far? kailey: some of this is stuff we...
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Sep 26, 2023
09/23
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ed: a few weeks ago, the ripple co-founder joined us and he said above gary gensler at the administration, the biden administration has chosen to dread the blockchain industries offshore. is that a position coinbase shares? kara: it is certainly having an impact. there have been studies done where 2% of developers are going overseas. that means a million jobs by 2030. if you think about technology working for 20 years, you see startups, four to six jobs personal startup and that means 4.6 million jobs going overseas by 2030. it is having a real impact where unelected bureaucrats are making decisions that americans ally on elected officials to do. i think the administration and others need to think carefully about how they proceed in the next 16 to 18 months. sonali: what are you most looking for congress to tackle first? you have a stake in the circle and that put stablecoins on the table more dramatically and there is this taking issue. would you prioritize? kara: all of it. i think the comprehensive nature of the legislation is important because digital assets is not a one-size-fits-all
ed: a few weeks ago, the ripple co-founder joined us and he said above gary gensler at the administration, the biden administration has chosen to dread the blockchain industries offshore. is that a position coinbase shares? kara: it is certainly having an impact. there have been studies done where 2% of developers are going overseas. that means a million jobs by 2030. if you think about technology working for 20 years, you see startups, four to six jobs personal startup and that means 4.6...
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Sep 27, 2023
09/23
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-- bitcoin with gary gensler today in congressional hearings at 10 a.m. about bitcoin. it's up about $56 right now. and oil well over $90 a barrel. it had come down last week, looks like it's trading well above 90 this week, so there is push to the upside on oil. natural gas is up a bit as well, and the average price for a gallon of regular is $38 -- 3.8 # 3, for diesel, $4.56. >>> coming up, elon musk says after speaking with texas congressman tony gonzalez, he's going to be heading to the border to see the crisis firsthand. well, we have congressman gonzalez here with us. i'm going to be the asking him what he expects to show elon musk when he gets there. meanwhile, sunday night football ratings had the best day, but it's it's not because of the players on the field. that's a taylor swift field. it's because loving him was red -- lauren: you don't know these lyrickings. david: i know. we've got the details coming up. and biden nearly took another tumble down the steps of air force one. oy. i guess he wasn't wearing his sneakers. did you hear that report
-- bitcoin with gary gensler today in congressional hearings at 10 a.m. about bitcoin. it's up about $56 right now. and oil well over $90 a barrel. it had come down last week, looks like it's trading well above 90 this week, so there is push to the upside on oil. natural gas is up a bit as well, and the average price for a gallon of regular is $38 -- 3.8 # 3, for diesel, $4.56. >>> coming up, elon musk says after speaking with texas congressman tony gonzalez, he's going to be heading...
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see the seca peel this, black stone o's etf and probably won't come with this administration and gary gensleron -- he's been an anti-crypto chairman. if they don't appeal t it's a sign that maybe he's lightening up and he understands that it's hard for him to carry out his agenda because these companies are going to go through the courts and sue over it. it's very fascinating and watch the appellate process on gray scale. i can tell you that the people at blackrock are doing that as well. back to you, kelly. kelly: yeah, definitely. it's a really interesting way to frame it out and you are seeing more and more enforcement action of these different! al bodies and -- governmental bodies and something like a spot etf could make it easier to monitor and easier to get it in. >> that's exactly what the argument is. i'm glad you brought that up. that's a great point. that is exactly the argument that all these -- that blackrock is turning up. if we do a spot etf and traded on new york stock exchange and nasdaq trading on the nasdaq and that's where they prefer to trade t you'll have clearing and cus
see the seca peel this, black stone o's etf and probably won't come with this administration and gary gensleron -- he's been an anti-crypto chairman. if they don't appeal t it's a sign that maybe he's lightening up and he understands that it's hard for him to carry out his agenda because these companies are going to go through the courts and sue over it. it's very fascinating and watch the appellate process on gray scale. i can tell you that the people at blackrock are doing that as well. back...
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Sep 13, 2023
09/23
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haslinda: the ceo of ripple, reacting to comments from gary gensler. 49 is asia's largest crypto eventg us now from the conference in singapore. take it away. >> we are all about regulatory insanity. i want to bring our next guest in, this is the founder and editing partner, we were discussing that you said it was possible to predict regulatory outcomes 60% of the time. what is that framework? >> a lot of times we are taken offguard by regulations in our industry, but there are ways to think about it that can be powerful in terms of predicting regulation. my suggestion is that what we are seeing is an innovators dilemma which is a concept that refers to companies normally use to help us understand white innovative companies -- why innovative companies like netflix beat out blockbuster, amazon beat out walmart. if you look at innovators dilemma on nationstate scale, we can better understand. it is important to understand that in the u.s., the finance industry comprises 10% of gdp. 500,000 people working on wall street, millions of americans that work in finance. this is a powerful indus
haslinda: the ceo of ripple, reacting to comments from gary gensler. 49 is asia's largest crypto eventg us now from the conference in singapore. take it away. >> we are all about regulatory insanity. i want to bring our next guest in, this is the founder and editing partner, we were discussing that you said it was possible to predict regulatory outcomes 60% of the time. what is that framework? >> a lot of times we are taken offguard by regulations in our industry, but there are ways...
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Sep 27, 2023
09/23
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gary gensler will talk about that, the committee do to start right now inside the beltway, talking morebout what he is going to be saying moments from now. president biden joining protesters on the picket line yesterday. watch this. >> president biden: we have been doing incredibly well and you should be doing incredibly well to. [applause] >> president biden: you deserve a significant raise you need. >> let's get it! [applause] >> president biden: time for them to step up for that. david: liz peek has an op-ed out, you say uaw members are staying on the sidelines because of their disdain for a lot of his green policies that are ending up losing union jobs. liz: the union is looking at a blue duration basically because of this switch to evs and a lot of the battery plants will be made using batteries in tennessee and kentucky and other states. that's what the strike is about, not wages, though they want -- when biden talks about what you needs, why do they need it? biden inflation. the cost of living has gone through the roof. they need a raise and they want other benefits and perks. wh
gary gensler will talk about that, the committee do to start right now inside the beltway, talking morebout what he is going to be saying moments from now. president biden joining protesters on the picket line yesterday. watch this. >> president biden: we have been doing incredibly well and you should be doing incredibly well to. [applause] >> president biden: you deserve a significant raise you need. >> let's get it! [applause] >> president biden: time for them to step...
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Sep 13, 2023
09/23
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and gary gensler continue to propagate, confusion masquerades as power to the sec.ve. shery: you just heard from the u.s. chair, as well as the ripple ceo on crypto regulation in the u.s. asia's largest crypto event open cities and singapore. let's return to our coverage of token 29. annabelle droulers is there standing by with our next guest. annabelle: still making waves at token 49. i can bring in our next guest, paul veradittakit. tell me paul, because you were saying you see round investors at ripple. we had a soundbite talking about the dealings with the sec. how much is that lack of regulatory clarity holding back crypto is a sec your -- sector? >> it is making it tougher folks in the u.s. as an entrepreneur, you want to make sure that you can do what you can to do the right thing. if you don't know the right thing is, you don't know how much money you have to raise. you don't know how much money you have to put into legal. you are basically trying to get the same sort of licenses and protections as if you were a fintech for. still, not even knowing if that i
and gary gensler continue to propagate, confusion masquerades as power to the sec.ve. shery: you just heard from the u.s. chair, as well as the ripple ceo on crypto regulation in the u.s. asia's largest crypto event open cities and singapore. let's return to our coverage of token 29. annabelle droulers is there standing by with our next guest. annabelle: still making waves at token 49. i can bring in our next guest, paul veradittakit. tell me paul, because you were saying you see round...
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Sep 28, 2023
09/23
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chief gary gensler said companies looking to go public in the u.s.hould do it before tomorrow as the looming government shutdown would put agencies at a skeleton level a short timeline if you want to get an ipo one-day notice brian moynahan struck a cautious note with becky quick. >> there is a tremendous amount of activity that is sitting there. whether it is due to ipo or whether transactions with the buyouts and things it is not going to go without a certain amount of certainty. >> meaning nobody wants to bring a deal >> very strong companies, that's going to happen. the general flow idea is far away until you get stability >>> on the data front, u.s. durable goods orders rose in august up 0.2% on the month against the expectation of a dip. a jump of machine orders as business spending on equipment picked up. bank of america ceo brian moynihan told cnbc he is concerned we will avoid a hard landing. >> .50% gdp second quarter it slows down and comes back up above 1% at the end of next year and finally back to 2% in 2025 >> a gradual low is that a s
chief gary gensler said companies looking to go public in the u.s.hould do it before tomorrow as the looming government shutdown would put agencies at a skeleton level a short timeline if you want to get an ipo one-day notice brian moynahan struck a cautious note with becky quick. >> there is a tremendous amount of activity that is sitting there. whether it is due to ipo or whether transactions with the buyouts and things it is not going to go without a certain amount of certainty....
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Sep 28, 2023
09/23
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chair gary gensler said a shutdown would eliminate key services and hurt companies planning to make aave someone at full force overseeing the market for companies that want to go public we cannot review the documents or documents going effective if you want an ipo which is critical for capital formation >> reporter: a shutdown also means the government won't be able to collect economic data like the jobs report or inflation numbers. frank, if it goes on for weeks, we could see a severe hit to the economy as a shutdown grows longer and longer. >> a lot of concern about the potential shutdown i want to ask what do we expect to see today and how can the s.e.c. or bls do during the shutdown can they do anything i know you said the reports might not come out, but can they still work >> for the government agencies, they are able to have some employees, they call them essential employees, which continue to work during the shutdown these are basic things you will see social security checks going to go out for the border security agents, they will be at the border, but not paid for it. every a
chair gary gensler said a shutdown would eliminate key services and hurt companies planning to make aave someone at full force overseeing the market for companies that want to go public we cannot review the documents or documents going effective if you want an ipo which is critical for capital formation >> reporter: a shutdown also means the government won't be able to collect economic data like the jobs report or inflation numbers. frank, if it goes on for weeks, we could see a severe...
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Sep 26, 2023
09/23
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reevaluate his timeline and toward shifting its expectations a few weeks in terms of pricing because as gary genslerst week to a bunch of reporters, the sec could end up going down to a skeletal staff and therefore would not be in a position to greenlight the registration statement that is required for a company to start trading. shery: you mentioned the potential u.s. government shutdown that could derail this listing. arkin sentiment has not been great. will that factoring? reporter: yes it's all wrapped up. if we end up in a scenario where the government doesn't shut down, i think arkham stock is hoping that that isn't the case. it could have a drawdown effect. shery: why now? reporter: this has been in the offering for a while. there is clearly been enough strong interest in the pre-roadshow meetings. they could get strong perception certainly in the valuation pushing $10 billion. this is maker of the iconic shoes. this is a footwear company. it's over 250 years old, it's a household name. i think people are pretty excited about what this company can offer in the public sphere. haidi: that was t
reevaluate his timeline and toward shifting its expectations a few weeks in terms of pricing because as gary genslerst week to a bunch of reporters, the sec could end up going down to a skeletal staff and therefore would not be in a position to greenlight the registration statement that is required for a company to start trading. shery: you mentioned the potential u.s. government shutdown that could derail this listing. arkin sentiment has not been great. will that factoring? reporter: yes it's...
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Sep 11, 2023
09/23
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CSPAN
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tuesday, gary gensler testifies before the senate banking committee oversight hearing.hursday, the rules and bylaws committee will meet to consider state plans for 2024 primaries, caucuses, and delegate selection. friday and saturday, coverage of the prey, vote, stand summit in washington, d.c. hosted by conservative and religious groups. watch live on the c-span network or c-span now. also, c-span.org for scheduling information or to stream video live or on-demand any time. c-span. your unfiltered view of government. >> c-span is your unfiltered view of government. we are funded by these television companies and more, including comcast. >> you think this is just a community center? it is way more than that. >> comcast is partnering with community centers to create wi-fi so students from low income families can get the tools they need to be ready for anything. >> comcast support c-span is a to public service along with these other providers, giving you a front row seat to democracy. >> monday, lloyd austin and other officials marked the 22nd anniversary of the september
tuesday, gary gensler testifies before the senate banking committee oversight hearing.hursday, the rules and bylaws committee will meet to consider state plans for 2024 primaries, caucuses, and delegate selection. friday and saturday, coverage of the prey, vote, stand summit in washington, d.c. hosted by conservative and religious groups. watch live on the c-span network or c-span now. also, c-span.org for scheduling information or to stream video live or on-demand any time. c-span. your...
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Sep 6, 2023
09/23
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he had sharp words for gary gensler the chair of the sec this is what he said.this by enforcement. rather than giving clear laws, he likes the lack of clarity's though he can go after anybody and make up the rules as he goes along true bullying. that is not the american way. ed: that is pretty sharp calling the chair of s.e.c. in the regulator a bully. but his point was they are trying to fix the industry through the court and not regulation. he gave me the stamp that if they had not killed the industry here that the post-pandemic economy here would be better. he see rates for curve marshall real estate would be about less than what they are and they are currently 32%. guy: let's transition to what is happening with apple. how big of a china problem does apple now have? you have a new iphone that people will look at comparison to an iphone. and they have a government working for us saying you cannot use those. ed: the central agency has given instruction to get rid of your foreign phone, not just apple but the nondomestic brand phone and make it a domestic brand
he had sharp words for gary gensler the chair of the sec this is what he said.this by enforcement. rather than giving clear laws, he likes the lack of clarity's though he can go after anybody and make up the rules as he goes along true bullying. that is not the american way. ed: that is pretty sharp calling the chair of s.e.c. in the regulator a bully. but his point was they are trying to fix the industry through the court and not regulation. he gave me the stamp that if they had not killed the...
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Sep 20, 2023
09/23
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FBC
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gary gensler just had a closed door meeting a week ago or two weeks ago and he's trying to push throughge commission that are costing businesses much more money. how much is the small business community getting evidence affe? >> they are being overwhelmed by over-regulation coming from the federal bureaucracy and that's why this package that i have proposed is so important. we need to move our federal agencies out of washington, d.c. and into areas where they are accountable to the constituencies that they serve. we also need to overrule chevron. we need to make sure that the federal bureaucrats are not the ones that are writing these overreaching regulations and that they're put in check by members of congress and then of course we need to make sure that if we do have federal workers that are doing remote work, they are actually working, if they're not working then we need to get rid of them. so we have a long ways to go to hold the federal government accountable but we're working on it. this is a package i proposed and hope any we can take this on because our businesses are the ones t
gary gensler just had a closed door meeting a week ago or two weeks ago and he's trying to push throughge commission that are costing businesses much more money. how much is the small business community getting evidence affe? >> they are being overwhelmed by over-regulation coming from the federal bureaucracy and that's why this package that i have proposed is so important. we need to move our federal agencies out of washington, d.c. and into areas where they are accountable to the...
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Sep 22, 2023
09/23
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FBC
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vision they won't put new money to work capex, anl all sorts of investments right now you've got gary genslerg he has all sec rules in place, for the climate change agenda what are you going to do about climate change force corporate america to identify what, risks for climate change and pay up for. >> it going to pull back 500 billion dollars in green subsidies biden has put in place, we are going to make sure we are energy dominant stop demonizeing producers going to pass rains act in place would say any rule or regulation that costs taxpayers more than 100 million dollars, congress needs to vote up or down on it going to start putting things in place that really give the taxpayers control. not special interests but the taxpayers. and when we do that, that is when we're going to start to see economic strength. >> you also, made a comment to me in one of the interviews a couple months ago i thought it was spot-on about e-verify we saw 10,000 people come through border wednesday alone, this border is out of control, i thought your idea that e-verify was one of the best can you walk us through
vision they won't put new money to work capex, anl all sorts of investments right now you've got gary genslerg he has all sec rules in place, for the climate change agenda what are you going to do about climate change force corporate america to identify what, risks for climate change and pay up for. >> it going to pull back 500 billion dollars in green subsidies biden has put in place, we are going to make sure we are energy dominant stop demonizeing producers going to pass rains act in...
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Sep 19, 2023
09/23
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gary gensler finish. >> oh, definitely.many any spot bitcoin etf even though it appears many investors want it. in fact, some say he's slow-walking it, some say he's outright blocking it. how do you view what the sec is doing? >> el -- well, you know -- [laughter] it's very difficult to criticize the e -- sec when you're regulated by them. [laughter] you know, it's better for me to say nothing. liz: well, i'm going to take that as a yes, they are. [laughter] let's talk about options. how much volume are you seeing in the options market? because you've got an announcement on that front as well. >> so options, options trading volume has been increasing tremendously. we have introduced options in the united states 50 years ago last may, so it has been a gradual evolution over time. and more and more people are now understanding what options are, and they appreciate all the niceties that it brings and all the complex tradings taken to pursue with them. and it is, so stock trading has been declining this past year, option tradin
gary gensler finish. >> oh, definitely.many any spot bitcoin etf even though it appears many investors want it. in fact, some say he's slow-walking it, some say he's outright blocking it. how do you view what the sec is doing? >> el -- well, you know -- [laughter] it's very difficult to criticize the e -- sec when you're regulated by them. [laughter] you know, it's better for me to say nothing. liz: well, i'm going to take that as a yes, they are. [laughter] let's talk about...
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Sep 13, 2023
09/23
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. >> a closed-door meeting a week off aog gary gensler trying to push through all climate rules forcingimate risk another one of those regulations you are talking about. >> super expensive china did doesn't do it differential is huge you -- >> the fact, a chairman talking climate regulation misguided with rardz to what we're seeing this morning maria there are effectively six pieces of data four different reendz cpi, cpi, two on page inflation, my comment of six pieces three were in line three were slightli-shoter than expected not great report in near-term yet look at futures, dow futures down 6 points i think maria, that is because, tomorrow morning ppi only rising 1 1/2% now i am going to do something make economists like david malpass cringe i am going to do it if you average cpi, ppi effectively get -- you effectively get to 2 1/2% -- isn't much further than above what fed is looking for, 2%. maria: so you are saying inflation is okay the federal reserve meeting in a week two-day meeting, and -- >> not okay. let's be clear inflation is not okay, fed chairman jerome powell is right
. >> a closed-door meeting a week off aog gary gensler trying to push through all climate rules forcingimate risk another one of those regulations you are talking about. >> super expensive china did doesn't do it differential is huge you -- >> the fact, a chairman talking climate regulation misguided with rardz to what we're seeing this morning maria there are effectively six pieces of data four different reendz cpi, cpi, two on page inflation, my comment of six pieces three...
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Sep 7, 2023
09/23
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CNBC
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why hasn't gary gensler come around to thus? it doesn't represent the will of the people, and the democracy of the government should be helping the people with their own goals. now, 56 million americans or roughly 56 million americans have used crypto now. that's about 1 in 5 americans. just to give you a sense of scale, about fivex as many americans have used crypto as have an electric vehicle. it's not some minority thing. it's a main sstream thing in american society. we need clear rules that recognize the innovation and also protect consumers from harm. in the absence of that, we have seen terrible things happen. we have seen it move offshores, exchanges blow up, a weakening of america's dominance as a financial hub, as a technology leader. the u.s. dollar as a reserve currency, you can be enabled by making things like stable coins. it's unfortunately been an addication of responsibility. congress realizes they have to step in and create these clear rules in the u.s. >> they have regulated through the court system or enforce
why hasn't gary gensler come around to thus? it doesn't represent the will of the people, and the democracy of the government should be helping the people with their own goals. now, 56 million americans or roughly 56 million americans have used crypto now. that's about 1 in 5 americans. just to give you a sense of scale, about fivex as many americans have used crypto as have an electric vehicle. it's not some minority thing. it's a main sstream thing in american society. we need clear rules...
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Sep 27, 2023
09/23
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FBC
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just had a robust conversation with gary gensler earlier today to.top in my subcommittee. they stop at jamie comer's oversight committee. they stop in judiciary and ways and means. so whether it's hunter biden or other investigations that are going on, those grind to a halt. so in my mind, it is much better for all of us that a if we can continue to to fund government arguably at a lower rate than what it had been last year, give request ourselves an additional 30 or maybe a few more days to go through the appropriations process, we're going to be voting on four appropriations bills tonight. in fact, we're going to be voting til probably about midnight tonight, and then work through the remaining appropriations bills, that's a path forward. but we've got some folks who just simply don't want to do that. liz: and quickly because you, obviously, represent many michiganders, the headline coming out this afternoon is that the uaw chief shawn fein says friday they will announce new strike targets if a deal is not cobbled together with the big three automa
just had a robust conversation with gary gensler earlier today to.top in my subcommittee. they stop at jamie comer's oversight committee. they stop in judiciary and ways and means. so whether it's hunter biden or other investigations that are going on, those grind to a halt. so in my mind, it is much better for all of us that a if we can continue to to fund government arguably at a lower rate than what it had been last year, give request ourselves an additional 30 or maybe a few more days to go...
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Sep 12, 2023
09/23
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CSPAN2
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live on the c-span networks, at 10 am eastn c-span head of the securities and exchange commsi gary genslerestifies on sec policy before the sena bking committee. then at noon houslaakers return from august recess to work on several bills ilung legislation to impose sanctions onrafor its missile and drone program. on c-span 2 the senate
live on the c-span networks, at 10 am eastn c-span head of the securities and exchange commsi gary genslerestifies on sec policy before the sena bking committee. then at noon houslaakers return from august recess to work on several bills ilung legislation to impose sanctions onrafor its missile and drone program. on c-span 2 the senate
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Sep 27, 2023
09/23
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BLOOMBERG
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sec chair gary gensler said his department will only have a skeleton staff on duty to oversee any tumultn trading if congress fails to fund the government by friday. nearly 93% of the sec employees would be furloughed in the event of a shutdown. >> with the possibility of a government shutdown, i would note as our oversight committee that we would be down to a small skeletal staff, about 7%, 8% of our staff, everyone else being furloughed. normal oversight of the markets will not be possible, and to the sec dependency in the event of a shutdown. shery: let's get to our next guest to things risks pose increasing threats to s-curve. with us now is the chief economist at robertson stephens. great to have you with us. when we ask about the impact of a potential u.s. government shutdown to market analysts, the consensus seems to be that not much happens. a long-term effect is not great on the market. what about the economy at a time when we have the last major credit rating agency that has the u.s. at a top notch rating is now warning this could have an impact and reflect poorly on their cred
sec chair gary gensler said his department will only have a skeleton staff on duty to oversee any tumultn trading if congress fails to fund the government by friday. nearly 93% of the sec employees would be furloughed in the event of a shutdown. >> with the possibility of a government shutdown, i would note as our oversight committee that we would be down to a small skeletal staff, about 7%, 8% of our staff, everyone else being furloughed. normal oversight of the markets will not be...
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Sep 12, 2023
09/23
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eastern on c-span the head of the securities and exchange commission gary gensler. answer they return for legislation imposed sanctions on iran for the missile and drone program. on c-span2, the senate is back to consider more of president biden's judicial dominations, in the afternoon to advance a 2024 spending bill ahead of a deadline to fund the government. >> c-span 3, illinois's secretary a hearing. and then 2:30, hearing on leg rating artificial intelligence and these are on the c-span video app or online at c-span.org. alabama republican senator tommy tuberville is calling for a floor vote this month on joint chiefs of staff chair mark milley's replacement. he has been locking
eastern on c-span the head of the securities and exchange commission gary gensler. answer they return for legislation imposed sanctions on iran for the missile and drone program. on c-span2, the senate is back to consider more of president biden's judicial dominations, in the afternoon to advance a 2024 spending bill ahead of a deadline to fund the government. >> c-span 3, illinois's secretary a hearing. and then 2:30, hearing on leg rating artificial intelligence and these are on the...
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Sep 10, 2023
09/23
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CSPAN
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eye 51
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tuesday, the chair of the securities and exchange commission, gary gensler, testifies before the senateittee oversight hearing. thursday, the democratic national committee's rules and bylaws committee will meet to consider states plans for 2024 primaries. caucuses and ellicott selection. friday and saturday, coverage of the prey, vote, stand summit in washington, d.c. hosted by the family research council land other conservatives and religious groups. watch this week, live on the c-span networks or on c-span now, our free, mobile video app here and also head over to c-span.org for scheduling information or to stream video live or on-demand any time. c-span, your unfiltered view of government. ♪ >> c-span's campaign 2024 coverage your front row seat to the presidential election. watch our coverage of the candidates on the campaign trail with announcements, meet and greets, speeches and events to make up your own minds. campaign 2024 on the c-span network. c-span now, our free, mobile video app or anytime online at the span.org. c-span, your unfiltered view of politics. ♪ >> a healthy dem
tuesday, the chair of the securities and exchange commission, gary gensler, testifies before the senateittee oversight hearing. thursday, the democratic national committee's rules and bylaws committee will meet to consider states plans for 2024 primaries. caucuses and ellicott selection. friday and saturday, coverage of the prey, vote, stand summit in washington, d.c. hosted by the family research council land other conservatives and religious groups. watch this week, live on the c-span...
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Sep 6, 2023
09/23
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BLOOMBERG
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. >> gary gensler's decision of engaging this regulation by enforcement rather than getting clear lawser anybody and make up the rules as he goes along from bullying. that is not the amerco way. lisa: that was the cofounder and executive chair speaking with ed ludlow, here more of that later. 12:00 p.m. in new york, 5:00 p.m. in london. we have been talking about the airline industry and the response to higher energy prices in general for labor, operations. what does this mean for prices, in terms of winning demand heading into -- waning demand heading into the fall and winter season? joining us is the senior analyst for bloomberg intelligence. what you make of the announcements from southwest, united, alaska air about higher energy prices and not necessarily factoring into profits this year? george: we weren't refreshing our models yesterday and we had been watching prices during end of the summer. we were creeping up and it was becoming clear there was no way they were going to make consensus earnings for this quarter. it is of the companies starting to war in the markets that things
. >> gary gensler's decision of engaging this regulation by enforcement rather than getting clear lawser anybody and make up the rules as he goes along from bullying. that is not the amerco way. lisa: that was the cofounder and executive chair speaking with ed ludlow, here more of that later. 12:00 p.m. in new york, 5:00 p.m. in london. we have been talking about the airline industry and the response to higher energy prices in general for labor, operations. what does this mean for prices,...
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Sep 12, 2023
09/23
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CSPAN
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eye 18
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it will feature the chair gary gensler. 10:00 is when you can see it on this network.ollow along on c-span.org. the illinois secretary of state has defined the anti-book ban law. hear his thoughts at 10:00 on c-span3, c-span now, and on the website at c-span.org. microsoft's president will testify on ai among a group of witnesses on proposed legislation to regulate artificial intelligence. that will be held by the senate judiciary subcommittee. 2:30 is the time on the app and online. charlotte, north carolina, independent line, this is david. caller: good morning, everyone. i had planned on attending robert f. kennedy, jr.'s rally and i asked him during the q and a why he is not appearing on c-span's morning editions that you he said you guys are not letting him talk. i asked the assistant officer and and they said they are trying to get on. instead you guys keep on inviting the wacko guests. host: let me pardon you there. tune in tomorrow at 915 time. we will be joining in with robert f kennedy for that conversation. this is from larry. larry in washington dc. democra
it will feature the chair gary gensler. 10:00 is when you can see it on this network.ollow along on c-span.org. the illinois secretary of state has defined the anti-book ban law. hear his thoughts at 10:00 on c-span3, c-span now, and on the website at c-span.org. microsoft's president will testify on ai among a group of witnesses on proposed legislation to regulate artificial intelligence. that will be held by the senate judiciary subcommittee. 2:30 is the time on the app and online. charlotte,...
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50
Sep 10, 2023
09/23
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CSPAN
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eye 50
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tuesday, the chair of the securities and exchange commission, gary gensler, testifies before the senatetee oversight hearing. thursday, the democratic national committee's rules and bylaws committee will meet to consider states plans for 2024 primaries. caucuses and ellicott selection. friday and saturday, coverage of the prey, vote, stand summit in washington, d.c. hosted by the family research council land other conservatives and religious groups. watch this week, live on the c-span networks or on c-span now, our free, mobile video app here and also head over to c-span.org for scheduling information or to stream video live or on-demand any time. c-span, your unfiltered view of government. ♪ >> c-span's campaign 2024 coverage your front row seat to the presidential election. watch our coverage of the candidates on the campaign trail with announcements, meet and greets, speeches and events to make up your own minds. campaign 2024 on the c-span network. c-span now, our free, mobile video app or anytime online at the span.org. c-span, your unfiltered view of politics. ♪ >> a healthy democ
tuesday, the chair of the securities and exchange commission, gary gensler, testifies before the senatetee oversight hearing. thursday, the democratic national committee's rules and bylaws committee will meet to consider states plans for 2024 primaries. caucuses and ellicott selection. friday and saturday, coverage of the prey, vote, stand summit in washington, d.c. hosted by the family research council land other conservatives and religious groups. watch this week, live on the c-span networks...