on the occ website we parallel some activities you describe. where consumers have an educational format where they can identify ways where they can reach their credit reports, what's available to them for free so they understand the rules and regulations. i do think it's important that consumers take advantage of some of the tools that are offered by financial institutions. recently i lost my credit card for a day and i was able to freeze my account and then i found my card and could reactivate it. years ago that account would be closed. issued me a new card. so i think some provisions we've recently put in under your leadership will make consumers more able to monitor risk and spot activities when there's activities associated with that. >> thank you. >> thank you. we at the federal reserve through the federal reserve banks we have an active financial education process to make consumers aware of their rights under the new legislation. and we also are doing research as to the effect of some of these changes going forward. >> we have a very robu

and if you look at the occ, it has, what, how many employees do you have? >> 4000. >> 4000 employees, wells fargo has 260,000. you have $2.8 billion revenue, they have $88 billion. here's the kicker. theite -- besides systematic growth model where you have a multi-trillion dollar bank who depends on business units regardless of the business opportunity, regardless of the size and growth of the economy, they have to report growth, and then they cannot supervise themselves. it is very clear they can't supervise themselves and clear we can't supervise them. i ask the ceo about revoking their charter and they say, you shouldn't revoke our charter because we provide products and services to one out of three american households. how is that not them saying, we are too big to be taken down? there areur viewpoint other large financial institutions that have proven able to be regulated and to serve their customers in a satisfactory manner, so size does not necessarily dictate -- >> but in this instance, it seems like their size is a problem. i get there other instit

the occ joined the federal reserve and fdic to issue to interim rules. agency issued an interim rule to treat certain municipal securities as high-quality liquid accepts -- liquid assets. foragency extended the rule the number of banks to effect changes sponsored by senator heller and donnelly. -- rule allows quantifying qualifying entities to benefit from an extended extermination -- extended examination cycle, reducing the regulatory burden. i appreciate the opportunity to update the committee on the implementation of the economic growth and progress the occ has made to reduce unnecessary burden and promotei appreciate o update the committee on the implementation of the economic opportunity and job growth. to reenteres banks the small dollar lending market to begin public dialogue --arding monitor rising monetizing community reinvestment act regulations and moving forward on special-purpose national charters, and making compliance act one bank security money laundering regulations more effective and efficient. my testimony provides additional details o

asking the occ to jointly issued ten others. and with the consumer protection. and the regulation and with that greater flexibility without the burden of changing charters they have advocated greater flexibility for federal savings association since becoming the primary regulator july 2011. i commend the senators for taking a lead on this issue in on september 10th agency published a notice of proposed rulemaking and those with 20 billion or less in assets to elect with national banking powers federal savings associations generally have the rights and privileges to be subject to the same duties and restrictions and liabilities. following review of the comments i expect final rule january 2019. the occ joined the federal reserve for two rules augus augd and the next day issuing those final rules but the rule allows all entities less than $3 billion of total assets to have extended examination cycle to reduce the regulatory burden. most recently the agencies published a notice of proposed rulemaking for high volatility commercial real estate with those heightened

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he plays noah, otherwise known as the upper west side occ curmudge curmudgeon.is playing a character that is as far away from ross geller on "friends" as you can possibly get. >> now, it will be a very different schwimmer than we're used to. you can actually catch the season premiere right here on nbc bay area coming up at 9:00 tonight. that's followed by "i feel bad," and "law and order: special victims unit" at 10:00. then stay tuned for nbc bay area news at 11:00. >>> new top stories we're following on this thursday morning, including new video shot by a tourist in san francisco. what he says this man seen running here did that made him start recording. >>> plus, you may want to look up in the sky today as fleet week activities kick into high gear. what's on tap today. that's coming up in a live report. you're watching "today in the bay." we )re watching washington. very closely. the fbi released has released its report >>> breaking news on this thursday morning. we are watching washington, d.c., very closely. the fbi released its report on supreme court nomi

we took bank regulations too far in the other direction i think that whether it's the occ or the fedic, we're now allowing our u.s. banks to be able to lend that's an important part of the market in economic recovery. >> let's talk a little bit about the progress being made with the chinese at this stage. you had a high-profile meeting here with the chinese central bank governor. what can you tell us about what was achieved in the meeting? >> well, before i talk about the chinese specifically, let me put this in context. our economic platform has always been around tax reform, regulatory relief, and trade we couldn't be more excited about the $1.2 trillion trade rewrite, the u.s./mexico/canada deal we're excited about the south korea deal we're in discussions with europe president announced last week negotiations of free trade agreement with japan and we've been very clear with china that we need to have structural changes that we need a reciprocal trading relationship and we should be able to increase our exports by hundreds of billions of dollars so i did have a very productive con

ahora en texas lluvias en dallas hasta el rÍo a un Ángsan Ángel, y rec mucha lluvia en el centro y occque los ojos cuadrados porque que es fuerte pero lo mejor es la educaciÓn para la gente, comienzo por usted doctor, hace poco de hecho aquÍ en el programa informamos la preparaciÓn de la gonorrea y mÁs en varios estados este aumento de bebÉs que estÁn naciiendo lastimosamente con sÍfilis tiene que ver con el aumento de este tipo de propagaciÓn de estas enfermedades? >>> claro que sÍ. porque ademÁs hay madre expuestas a las enfermedad, y tambiÉn hay mÁs posibilidad en estados unidos aumentÓ en un 76 % pero hay varios estados y tambiÉn el nuestro donde aumenÓo en un 70 %. o sea los casos aquÍ lo estamos viendo que van entre 662 casos a 968 ahora en este aÑo, con un aumento muy grande de estas estadÍstica y es lo preocupante. >>> doctor bali quÉ es lo pasa en el momento que el bebÉ adquiere la infecciÓn de sÍfilis por parte de la madre? >>> realmente laado quiere a travÉs de su vida en Útero. la inmensa mayorÍa de las madres con sÍfilis no transmite la infecciÓn al niÑo. esto es prÓximame