mr. scott: mr. chairman, i yield one minute to the democratic leader, the gentleman from new york, mr. jeffries. the chair: the gentleman from new york is recognized. mr. jeffries: i thank the distinguished gentleman from the great commonwealth of virginia for yielding and for his leadership. i rise today in strong opposition to h.r. 5. legislation brought to us by the extreme maga republicans that will put politics over parents. this legislation has nothing to do with parental involvement, parental engagement, parental empowerment. it has everything to do with jamming the extreme maga republican ideology down the throats of the children and the parents of the united states of america. house democrats believe that every single child should have access to a high quality, first rate education. house democrats believe that every single child throughout america should learn reading, writing, and arithmetic at the highest level possible. house democrats believe that every single child should be exposed t

mr. scott: mr. chairman, i yield one minute to the democratic leader, the gentleman from new york, mr. jeffries. the chair: the gentleman from new york is recognized. mr. jeffries: i thank the distinguished gentleman from the great commonwealth of virginia for yielding and for his leadership. i rise today in strong opposition to h.r. 5. legislation brought to us by the extreme maga republicans that will put politics over parents. this legislation has nothing to do with parental involvement, parental engagement, parental empowerment. it has everything to do with jamming the extreme maga republican ideology down the throats of the children and the parents of the united states of america. house democrats believe that every single child should have access to a high quality, first rate education. house democrats believe that every single child throughout america should learn reading, writing, and arithmetic at the highest level possible. house democrats believe that every single child should be exposed t

mr. scott, seek recognition? mr. scott: i ask unanimous consent that the gentlewoman from virginia, the honorable jennifer l. mcclellan, but permitted to take the oath today. her certificate of election has not arrived but there's no contest and no question has been raised in regard to her election. the speaker: without objection. will representative-elect mcclellan and members of the virginia delegation present themselves in the well. all members will rise and the representative-elect will please raise her right hand. do you solemnly swear or affirm that you will support and defend the constitution of the united states against all enemies, foreign and domestic, that you will bear true faith and allegiance to the same, that you take this obligation freely, without any mental reservation or purpose of evasion, and that you will faithfully discharge the duties of the office of which you are about to enter, so help you god. ms. mcclellan: ido. the speaker: congratulations, you're a member of the 1

mr. scott: mr. chairman, i rise in opposition to the amendment. the chair: without objection, the gentleman is recognized. mr. scott: mr. speaker, mr. chairman, the first part of the bill says nothing is to be construed to impose any requirements on nonpublic elementary and secondary schools. i'm unaware of anything the bill does to impose requirements on nonpublic elementary or secondary schools. it seems to me to be unnecessary. the second, a sense of congress says local agencies do not have the authority to exercise any direction, supervision, or control over kir lick rik lum or program instruction of nonpublic elementary and secondary schools. again i'm unaware of school -- local school boards' authority to exercise such super vision, direction, or control. that seems also to be unnecessary. i'm not sure what the amendment speaks to that's relevant. i would oppose the amendment. i yield back the balance of my time. the chair: the gentleman yields. the question is on the amendment offered by the

mr. scott: mr. chair, i rise in opposition to the amendment. the chair: the gentleman is recognized for five minutes. mr. scott: mr. chair, this amendment would sabotage public education, transferring money in the public school system to the private school system. it would open up funds to children in public schools to those already in private school. they would get -- a lot of money would be diverted that way. it includes homeschooling. and who's going to audit the money that the parents get for homeschooling their children? furthermore, how are you going to figure out how much money each child gets? because title 1 is based on a formula that involves poverty. if is a low-income child, will they get more money to go to a private school than a higher income person who the formula did not recognize as far as getting money? those are just complications. but basically, it's a private school voucher program. where those already in private school can take money out of the public system and reduce the amo

mr. scott, seek recognition? mr. scott: i ask unanimous consent that the gentlewoman from virginia, the honorable jennifer l. mcclellan, but permitted to take the oath today. her certificate of election has not arrived but there's no contest and no question has been raised in regard to her election. the speaker: without objection. will representative-elect mcclellan and members of the virginia delegation present themselves in the well. all members will rise and the representative-elect will please raise her right hand. do you solemnly swear or affirm that you will support and defend the constitution of the united states against all enemies, foreign and domestic, that you will bear true faith and allegiance to the same, that you take this obligation freely, without any mental reservation or purpose of evasion, and that you will faithfully discharge the duties of the office of which you are about to enter, so help you god. ms. mcclellan: ido. the speaker: congratulations, you're a member of the 1

ah, yes, mr. scott, with the noise or any of the motor in your double jeopardy teaches q elite package ski, sports living in at solisco for dr. one. cuz it's that, that came press, didn't that came with he sees them that the school might be resilient. emotional boy cheat, go point f t screw by beer. the law to bulge can sit up. he will usually of you know, ah no. you don't want us to bubble you live in washington separately, chemical additional albany to mary marie from design is you just mean enough. so them to have when this, once i got you going to say thank you i, we can go ahead and always as a ship even you are pretty. she said she didn't. so she didn't, will she actually awful the morning, but i guess it so to ice, could john w i e d sequel for his assistant that we neil on p facility. but that meant, can you, ma'am? said dr. dan gottlieb, would you be not only kid, instead 2 people, maybe there was only come up here. this one, it is also show best care cisco's were shabby. i won't care. vetted o

any avenues of appeal that mr. scott can actually pursue you with those that are representing him at the moment. if there is anybody represent, again, in this court case, ah, could you think it can be appeal against a sentence? yeah, i mean, officially you can, and you will like the other 2 defendants in fairfield. but we do not expect this process will bring any results in a positive results for us and for them that we've seen. and i mean, we've seen so many times in similar cases since you are trials. and for this appeal hearing, this did not change anything in the sentence remain in place some the exact same it was stopped by the prosecution and then ordered by the judge to expect the ancestral community to do anything besides verbally condemn what's going on. ah, we expect them to take any phone political movements. i know that the politicians in the west many opportunities that in many options to impact the regime field. they have the sanctions, all the options which are not so public. and so we hope that today is o

our first witness is mr. scott grayson, chief information security officer of core well health. in his role he's responsible for maintaining and managing the business insurance program including emergency management, business continuity and operational readiness. he served as chief information officer for weight and state university position group. thank you for being here, you may proceed with your opening remarks. >> thank you members of the homeland security and government affairs committee. it's an honor to speak to you about cybersecurity risks -- talk is red, am i okay? my apologies. i am the chief information security officer of core well health, committed to health and wellness so that people can live their healthiest life possible. cybersecurity threats to the healthcare sector could compromise our health system's ability to effectively provide access to and deliver healthcare services to our patients and members. of particular concern are high-impact rents where attacks which disrupt and delay healthcare delivery, may cause risks to patient safety and to can be used to

tell that to mr. scott smith, who was arrested at a school board meeting in loudoun county, virginia, when he questioned whether the school might be covering up his daughter's sexual assault by a gernd fluid student. we heard this bill pits parents and teachers against each other. we have heard a lot of those types of comments. the very fact that they characterize this bill as a pitting someone against another when i have just stated the facts of what is in the bill should be a red flag. we did sit through -- i did, sit through a 16-hour markup until early hours of 2:30 or 3 a.m. in the morning. we did hear dozens of amendments. but what i heard were dozens of chances to empower bureaucrats over empowering parents. republicans are proud to stand up for parents on behalf of students. this is not politics over parents. its parents over politicians and bureaucrattings. we want -- bureaucrats. we want what parents want, teach reading, write, and math with transparency. parents want to be involved and informed w

. >> we'll now recognize the ranking member of the agriculture committee, mr. scott for five minutes. >> thank you very much, chairman and welcome back, chairman powell now chairman powell, listen to me very carefully here. i thinke verge of making a terrible mistake. back in 2008, if you recall, barney frank then and miss waters asked me to take a look and kind of work with you and the fed. you were a board member in 2008. and we came to the conclusion that we needed a more actionable playing feel between our large banks like goldman sachs, citigroup, and our regional and smaller banks, like truist and our community banks. and we changed that. but now i hear that the fed and the fdic plan to drop a new rule, which seeks to the long-term and higher capital requirements that were created and you and i did this, back in 2008, and you'll remember. that were created for goldman sachs. and now we want to apply these rules to the regional banks. there's a big difference and we've omitted this difference if you proceed in this manner i think it's very misguided. you were a

chairman. >> mr. scott. >> thank you, mr. chairman.director wray, i'm from georgia, they nevertheless, over years. 20 years ago if you looked at the list of groups the splc several hate groups, those groups would of been proud to the named by them anything americans would've agreed with the list they put out. today they put out lists with names like the american family association, the alliance of defending freedom and yet one of their attorneys which was recently charged in atlanta with domestic terrorism. it bothers me to see them cited as a source from your agency on who is and is not considered a domestic terrorist. can you speak to the relationship between the fbi and influence the splc has? is a just a list that you look at from time to time or is it coordination? >> first off, just to be clear, i have considered georgia my c home since i first got married back in 1989. so we have that in common. second, as to the product that you're referring to, thes intelligence product, when i first saw it and i said this yesterday, i was agh

mr. scott: thank you, madam speaker. like millions of people around the world, in 2020 i tested positive for covid. i was fortunate after several days in the hospital and 14 days on oxygen, i was able to recover. many were not. americans and the rest of the world deserve to know exactly where this virus started and any details surrounding the origins of the virus that laurened the globe into chaos. if the c.c.p. was not fully transparent during these times, people need to know that as well. how long did they cover it up? how long did they know that this virus had been unleashed? if it's going to be the communist chinese party, our government has to be transparent about how malicious they have become. and the u.s. and other freedom loving nations will have to join together to make sure that we expose their intents to the world. i believe we all have the right to know about origins of covid-19 and i urge my colleagues to support this resolution to require the director of the national intelligence to declassify any of the i

mr. scott rick execute mr. chairman. what did thinker gentlemen for being here.the couple have entered mention the failed states or near failed states. i like to talk a little bit about paramilitary organizations. i was in the lake chad basin area the french isr picked up the mass grave where they'd killed a bunch of people. by the time the french put out they'd turned it around and commence the leadership of the country but it was the french that did it. the end result of that is countries like the front sure trying to provide assistance of the country are pushed out. they are left with people who actually killed their citizens. how much are we missing with regard to what the paramilitary and private companies and destabilizing the world? >> this is a growing threat. it is perhaps -- within the most exemplary if you will of the challenges this poses. a central feature of the offense of going on in southwestern ukraine they have been in sierra, they met all over africa. snubbing her while said by number of autocrats and countries in africa they will do what they

that you don't recognize mr. scott from georgia. >> thank you, mr. chairman. thank you for being you i know we talked a lot about russia, iran, china, alliance between the three. i guess that most brazen thing i've ever seen with or in recent times was an attack on the united states has been what china did with fly a spy balloon over since the military installation inside the united states and yet less than 15 days after that occurred ford motor company announced multibillion-dollar alliance with the communist chinese on battery technology. secretary austin, i'm concerned about how we purge china from the dod supply chain. i'm concerned about corporate america partnering with communist china and then slapping a u.s. made sticker on it and us bind it through our dod with u.s. tax dollars specifically with regard to the chinese battery technology. i just want to make sure the dod is aware of ford motor company partnered with communist china on the battery technology to make sure the dod committed to not purchasing communist china's battery technology. can you sp

in the exchange with mr. scott, you indicated, i think i got this right, that the board of governors concerns about sp be were heightened in mid february. >> what i said is the staff presented to the federal reserve board of governors on interest rate risks generally, one of the firms they highlighted in having interest rate risks was silicon valley bank and staff indicated they were doing a further horizontal review and would come back with further results of that review. >> it is your position the trigger for the heightened security was interest rate movement or was it anything else that triggered that? >> i didn't described as heightened concern. staff were presented on interest rates broadly and the firm they singled out as having interest rate risk was silicon valley bank. they discuss the horizontal review they were doing and the fact they came up with that was the horizontal review. >> okay. we will stand in recess for five minutes.

scott: mr. chairman i have 20 seconds left that i will defer. >> thank you senator scott. senator menendez is not here yet. nice try. >> thank you mr. chairman. mr. chairman first of all, welcome, it is always good to have you in front of our committee. as you know both core and headline inflation have remain persistently elevated over the past 12 months real average hourly earnings fell by 1.8%. about 4% since president biden took office. to make ends meat, more americans are leading on credit cards. at the end of 2022, credit card debt hit a record of $930.6 billion and 18.5% spike from a year earlier. and an average balance rose to $5,805. over the past year the fed has acted aggressively to tame inflation and yet we are seeing price increases. as we have discussed several times i recognize that it has been an ongoing discussion, but i believe that this further proves that we have long been feeling the effects of a policy-induced inflation resulting from decisions by the biden administration primarily cutting off the resources necessary to improve and increase domestic e

. >> mr. scott. >> thank, you mister chairman. but ladies and gentlemen, thank you for being here.s plaskett in a couple of others have mentioned failed states around the world, or near failed states. i would like to talk a little bit about paramilitary organizations. i was in the lake chad basin area, close to molly. the french isr picked up mass grave where the wagner group had killed a bunch of people. and by the time the french put it out, wagner had turned it around, convinced the leadership of the country that it was the french that did it. and then, the end result of that, is that countries like the french were actually trying to provide assistance to the country are pushed out. and they are left with, the people who actually killed their citizens. cornet. how much are we missing with regards to what these paramilitary and military companies criminal empires are doing and the role that they play in destabilizing the world? >> this is a growing threat, actually. wagner is perhaps the most exemplary if, you will of the challenges that this poses. obviously they are essential f

. >> i not recognize the ranking member of agriculture committee mr. scott of georgia for five minutes for. >> thank you very much chairman. and welcome back chairman powell. now, chairman powell listen to me very carefully here. because i think we are on the verge of making a terrible mistake. back in 2008, if you recall barney frank asked me too take a look and work with you and the fed. you were a board member in 2008. we came to the conclusion we needed a more equitable playing field between our large banks like goldman sach's, citigroup, and our regional and smaller banks like truest and our community banks. and we change that. but now i hear the fed and the fdic's plan to drop a new rule which seeks the long term and higher capitol requirements that were created. you and i did this back in 2008 and you will remember. that work created for the goldman sach's and for them. and now we want to apply these rules to the regional banks. there is a big difference. we have omitted this difference if you proceed in this manner. i think it is very misguided. and

. >> mr. scott?>> a couple of others have mentioned the failed states around the world, the failed states around the world. i'd like to talk a little bit about paramilitary organizations. i was in the basin airy of mali. the french isr picked up a mass grave where the wagner group had killed a lot of people, and by the time the french had turned it around and convinced the leadership of the country that it was the french they did it. at the end result was that, it is that countries like the french were actually trying to pry assistance, or push out, and are left with the people that killed their citizens but. how much are we missing with regard to what these paramilitary and private military companies and criminal empires are doing? the role that they play in destabilizing the world? >> this is a growing threat. wagner is perhaps -- i mean, did the most exemplary of the challenges that this poses. they've been a central feature of the offensive going on in bakhmut right now, and in southeastern ukrai

mr. speaker. my constituents jamie scott smith four weeks, and remain seriously disabled as a result vaccination. he and his family continue to believe a mass vaccination is the right policy. but it must also be surely right to ensure that tiny minority who are seriously injured as a result are properly compensated. in the absence of court cases it is inne no one's interest litigates. the current limit on compensation is 120,000 pounds. in hunters disabled by less than 60% to speaker its importance or poby recognizing a link to the rollout across the uk. very sorry to hear about the case of my quite honorable friends. in extremely rare case of a potential injury of a vaccine repeats not designed to be a compensation schemet and it does not prevent the injured person in pursuing a legal compensation claim with the manufacturer. we are taking steps to reform payments by modernizing the operation and report the outcome but of course i be happy to speak with the quitete honorable judgment further. >> think it mr. speaker. the new steps this morning show food inflation 18% the highest of 45 years. his

mr. murdoch and suzanne scott the ceo asked me if i would do a show, they didn't ask me what kind. said okay, i would like do it on a sunday night, late, see how we can do it. a long form interview. do what you can. that is pretty much the only direction i have been given. so, i tell you this for a the reason, when i come here and do this program, i determine what i will say in opening statement and who the guests will be. they have enough faith in me to know i'm not going to blow the place up. this is very important to understand, they treat all of the hosts this way, the news room this way. this fantastic network, if it didn't exist, i want you to think about what kind of media you would be receiving day in and day out. from "meet the press," from "good morning america," from god knows what. it would just be the same thing over and over. we really do have a competition of ideas here. even among conservatives. even within the newsroom. and that is a good thing. that is the way it is supposed to be, there is a vibrant, visionous network. -- vib i just decided on say it we come unde

mr. murdoch and suzanne scott the ceo asked me if i would do a show.y didn't ask me what kind of a show.t ki i said okay. let's doe it on a sunday night, late, see how we can do it a long form interview. do what you can and do then. best. that is pretty much the only directed i have been given. so, i tell you that for a reasons. when i come herereas and do this program, i determine what i'm going to say in theop openineng statement who who th ie bests will be, they -- who the guests will be.is this is very important to understand, they treat all the hosts this way, the news room this way.. this fantastic network, if it didn't exist, i want you to think what what kind of media you would be receiving day in day out, from "meet th e press," from "good mornin frog america," from god knows what. w it wouldou be the same thing over and over.we we do have a competition of ideas here. even among the conservatives, even withinen w the newsroom. that is a good thing. that is the way it is supposed to be this is a vibrant network, nobody-- asked me to tell you th

scott's bridesmaid. louise: jenny morrison describes lynelle stewart on her facebook page as her "dear old friend." lynelle says jenny is a "precious treasure" and a "forever friend." when mrrts were delighted. brian: tim was invited to attend scott's maiden speech. he was excited, so was i, when scott was elected. house speaker: the member for cook. prime minister morrison: mr. speaker, it is with humility-- brian: i thought it was rather a privilege that tim was one of those who received the invitation. i would imagine that any incumbent for the--speaking for the first time would ask people to attend who were in some way special him. louise: when tim and lynelle stewart celebrated their 24th wedding anniversary in august 2017, then-treasurer scott morrison sent his congratulations on lynelle's facebook page. "happy anniversary guys - still remember you telling jen and i a very long time ago in our little flat in bronte that you had an amazing guy - you were right." these photos which they shared on facebook are from the following year, when the morrison family holidayed with the stewarts on the new south wales south coast. when the morrisons moved into the prime minister

thank you, mr. scott.at they cannot afford to turn the heat in on this school and others are spending money on materials by organisations such as stonewall and jigsaw and education on our boys and girls that they may not have been born in the wrong body or having any gender identity . with the pair gender identity. with the pair made with me . to see how we can made with me. to see how we can stop this unscientific ideological education being taughtin ideological education being taught in our schools and get our children learning what they should learn in a warm , safe should learn in a warm, safe place . mr. speaker, we have place. mr. speaker, we have boosted school funding by around billion pounds in each of the next two years, which will help schools manage their energy costs . but we do expect schools costs. but we do expect schools to take and sensible decisions on their rh, ac made materials and making sure those materials are age appropriate suitable, politically impartial and value for money. i lo

mr. chairman. >> the list is currently garcia, scott. mr. garcia. >> this has been enlightening and clarifying couple of hours for me. i think in the most disappointing way i'veeen personally baffled over the last two years about our southern border policies coming out of this administration. where in the last year we had three times the number of people die as a result of fentanyl poisonings and folks died during the 911 event. today more people are dying of fentanyl poisoning and then american dies overseas one day of wool operations. enlightening to me as we did not spend almost any time on this topic today except for the questions posed to you. i read the 39 pages the aga the 15 minutes of your testimony director haynes. we are actually bng actively invaded on our southern border right now as a result of this demonstration policy. what's clarifying to me is in effect receiving here is five people director of national telligence, director of national security direct you aren't messaging this is number one t table of contents the annual th

mr. chairman. >> the list is currently garcia, scott. mr.aia. >> this has been enlightening and clarifying couple of hours for me. think in the most disappoiing way i've been personally baffled ove the lt two years about ourouthern border policies cing out of this administration. wher in t last year we had three tim the number of people dies a result of fentanyl isonin and folks died during the 911 event today more people are dying of fentanyl poisoning and then american dies oversea one day of wool operations. enlightening to m a w d not spend almost anyime on this topic today except for the questions posed to you. i read the 39 pag the aga the minutes of your testimony director haynes. were actually being actively invaded on our southern borr rightow as a resultf this demonsation policy. what's clarifyingo m is in efct receiving he isive people director of national intelligence director of national surity direc you aren't messaging thi i number one the table of contents the annual threat through climate change,ealth security, development a

mr. chairman. >> the list is currently garcia, scott. mr. garcia. >> this has been enlightening and clarifying couple of hours for me. i think in the most disappointing way i've been personally baffled over the last two years about our southern border policies coming out of this administration. where in the last year we had three times the number of people die as a result of fentanyl poisonings and folks died during the 911 event. today more people are dying of fentanyl poisoning and then american dies overseas one day of wool operations. enlightening to me as we did not spend almost any time on this topic today except for the questions posed to you. i read the 39 pages the aga the 15 minutes of your testimony director haynes. we are actually being actively invaded on our southern border right now as a result of this demonstration policy. what's clarifying to me is in effect receiving here is five people director of national intelligence, director of national security direct you aren't messaging this is number one the table of contents the a

scott budman. >> our witnesses today is mr. chew. chief executive officer of tiktok. >> reporter: with that, the ceo of the world's hottest company took the stand in front of congress trying to convince lawmakers the personal information of tiktok's 150 million american users is not being gathered by the chinese government. >> the bottom line is this, american data stored on american soil by an american company overseen by american personnel. >> but tiktok's owner bytedance is a chinese company. and representatives from both sides of the aisle not to mention groups like moms against tiktok, are united in calls to pan the app. >> tiktok is designed to attract our impressionable youth and groomers know this. >> there are security concerns about whether the data that people share in their tiktok videos can actually be acquired by the chinese government. >> those concerns have led to fears among tiktok users and creators that their platform may soon go away completely. >> tiktok has given the opportunity to showcase my talents. >> report

when you're so used to run your decision, advise you, sir, or our walser is mrs. garrett music another list. we're new. scott, my c live hood, you was still blenny, up as you'd say. i must have met them jago. but his indian pluses of quantitative will not go. when vladimir putin was re elected, he increased military and financial support for syria dicker. priscilla i was, i found out, as soon as putin was back in office, he signed it with the regime by sending military advisors. putin represents the following idea of control. emily, the state, it's nita for all what the regime ones are. what counts are we are just not matter how dysfunctional or murderous this date is, and there was nothing ah them. so it didn't matter what bashar assad used to control his people either. ah, early in the morning when everyone was still asleep, bombs containing the chemical weapons saran would dropped on an opposition, controlled neighborhood due to ne, damascus. ah, no, not really motivated. they pop up. i thought i would really them out. my becomes in john's one of the how to florida florida loads are gone. i thought i all

mr. lineker alex scott and replacement kelly summers have also pulled out of appearing on the bbc today followingtoday following. the decision concerning mr. lineker . now joining me now, i'm delighted to say and welcome back to the programme is sports reporter at cbs ben jacobs. and there is. great to see you again . a little bit of me wants to say so i will say it . . a little bit of me wants to say so i will say it. i'm not sure that i actually care what lineker thinks about boat people and asylum laws any more than . i and asylum laws any more than. i care suella braverman thinks about three, four, four or football formation . there is football formation. there is a very simple argument that is he should stick to what he's paid to do . she will stick to do what to do. she will stick to do what she's paid to do . do you think she's paid to do. do you think that he was out of order. good to see you, alastair? i think this has become bigger than gary lineker . so if we're only lineker. so if we're only talking about who's entitled under the bbc's guidelines to take and that's one debate. but now

scott morton, mr. lewis and ms. lewis to answer as question for the record, but given we will have a little bit of time i invite you to jump in. the two questions are, first, we have the eu digital markets act coming on. and i'm interested in what the fact you see that having in this marketplace and what lessons we should take from that law in this marketplace. reasonably the minimum conclusion one could draw is you can legislate in this space and not break everything. but i would be interested in your views about that. and the second to the point suggests just howow by chairman klobuchar, is how you see section 230 as problematic or helpful in this space? and i'll flagag my bias. i think it's problematic. i think a lot of these problems would've sorted themselves out a lot earlier if these industries were not w protected from severl centuries of legal tradition that govern human behavior. >> i'll just jump in on the dma quicklymp and say that's going o be very interesting for the united states to see a platforms re

me acknowledge three of our board members who are here today for frenz friends of the children, scott-mr. brookster and tonia welsh. [applause] and last, but not least, i send thanks and blessings to my brother of the greatest organization in the world. omega 55 fraternity inc. it is a honor to serve you and to serve her. my brothers, friendship is essential to the soul. long live omega sifi. thank you again supervisor walton. [applause] >> next we'll go to supervisor preston the floor is yours. >> thank you president peskin. i want to thank supervisor walton for his commendations duringblack history month. this is as he mentioned the final day of black history month and final meeting during black history month and today i'm honored to recognize and would ask her to come up, tracey mixon. [applause] welcome tracey. tracey mixon is a peer organizer on coalition of homelessness and honor for many years of service and dedication to our city particularly district 5 and fillmore and tenderloin community. tracey born and raised in the fillmore after her parents moved to the neighborhood in 194

scott. >> please announce your vote when i call your name for item 5b. [roll call] >> mr. chair, the vote is 4 ayes, 1 absent. >> motion carries. thank you commissioner rosales. [applause] you are staying for the meeting so now we'll hear you, right? thank you all. i want to thank general counsel morales who helped put the resolution together. thank you. madam secretary, please call the next item. >> item number 5c through 5f related to bond items will be presented together, but acted on separately. item 5c is authorize the issuance of new money tax allocation bonds subject to oversight board and department of finance approval as permitted in section 34177.7a1a and 34177a1b of the california health and safety code to finance one affordable housing obligation note to exceed $30 million and 2, infrastructure obligation in the transbay redevelopment project area in the principal amount not to exceed $45 million, approving and directing the execution of second supplement induncher trust and bond purchase contract and approving related documents and actions. affordable housing

scott . >> thank you mr chairman just uh finish a professor otto's point on disclosures having sold mutual funds in the past life i will say that having a prospectus that the average person can understand would be really helpful the truth of the matter is disclosure sounds great until you try to read a perspective excuse me a prospectus and you can't figure out what in the world it says. so i think plain english would be very helpful for the vast majority of our folks who are first-time investors to understand what it is that they're they're investing in and i would say without any question this is an area where that is really important because of the complexity of the actual underlying asset itself. right now the united states has the strongest and most enviable capital markets in the world the reason for this is a very simple reason the sun never sets on american innovation. over decades we have fostered a financial environment that has decreased poverty increased homeownership and made the american dream a reality for more and more of our citizens. our goal should not be any different w

mr. meltzer. can hear for judge scott raleigh on is the judge. so the most important thing i'm going to say is thank you thank for coming out tonight. i lived maryland voted in maryland love being in maryland is a hometown it's truly a hometown for me and is not lying that he always said come back here. and i was like, you know, can you really get all these people in one room. he said, i can and you are proof that he is right. so thank you for that. even those of you who are sitting behind pillars and can't even see me, i there are empty seats there, but i really appreciate it and thank you. thank you. you a special thanks to curious iguana. let's hear it for them for putting this all together and for the amazing church who held us together. i have start by just saying we can. i just can steal this one moment. can i steal this? this one? so you got to when you go to an event and a doll of you in the front row. and so i brought this home. this is brad. this is the greatest cartoon character all time on our tv show. and what i love is that when thi

scott. >> please announce your vote when i call your name for item 5b. [roll call] >> mr. chair, the vote is 4 ayes, 1 absent. >> motion carries. thank you commissioner rosales. [applause] you are staying for the meeting so now we'll hear you, right? thank you all. i want to thank general counsel morales who helped put the resolution together. thank you. madam secretary, please call the next item. >> item number 5c through 5f related to bond items will be presented together, but acted on separately. item 5c is authorize the issuance of new money tax allocation bonds subject to oversight board and department of finance approval as permitted in section 34177.7a1a and 34177a1b of the california health and safety code to finance one affordable housing obligation note to exceed $30 million and 2, infrastructure obligation in the transbay redevelopment project area in the principal amount not to exceed $45 million, approving and directing the execution of second supplement induncher trust and bond purchase contract and approving related documents and actions. affordable housing

scott. >> thank you, mr. chairman. what is the future of regional banking? strong set of regional banks in the united states. i think it was -- and as a general matter, their liquidity has remained stable through this episode. and i think it was a good indication, frankly, that in the two failed institutions, in both of those cases, the strongest bids we received to acquire those failed institutions were from two other regional banks that had the capability and strategic business interest rates to acquire them. so there are a lot of cautionary lessons to be learned from this. i completely agree with that. and we're going to need to carefully review this episode. but as a general proposition, i think the regional banks in the united states remain a source of strength for the system. >> as i walked in on the chairman's comments about the actions that were taken the weekend of the march 9th and how important it was and the importance of making sure we get credit for doing something that actually i thought could have been avoided, frankly, if we had someone in t