. >> this s rmer is s concerned despite living a c considerable distanance from the proposeded developmpment. >> i is all part of one big landscapes system with the mountains to the n north and the nationalal parks to the westst. it is s difficult to separatatet whwh is going on. thisis is quitete in landscscape coexext. >> ththe potential impact on the reregion's farmlandnd has alsoo worried committees living near to castro and operations. >> m my biggest fear is ththat s and itd is a green area is a very y important area. wewe distributute our cropops tr the u.k. parent of this kind of industry here, the amoununt off wellththat they need to make it viable were completely destroyeyed. >> this willll not bring jobs or .ecurities for the farmers there are huge unknowns about healalth risks, risks t to the water, t the offers. is susceptiblele at thehe best of times. there arere all sorts of risks associated and we need toto address that. we need a reliable future. this is very short t and potentially disastrouous. >>>> opposition grew draramaticy following an earthquake linked to expxport tor

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the rmer fed governor suggested in a speech that "new regulatory paradigm is needed to expand fiduciary duties." to directors of banking institutions he posed the question of whether existing modes could be supplemented by modifying "by fiduciary duties of financial firms for regulatory objectives." he believed there is "a special corporate governance measure needed as part of an effective credential regulatory system," and he argues that traditional fiduciary duties focused on foreholders are inadequate banking institutions. we are not talking about the other fiduciary side of this. this is for -- chair yellen: those are his personal recommendations. rep. huizenga: is that a no? chair yellen: i am not prepared to say that i agree with all of those recommendations. are focused on trying to clarify expectations to the important rule that they have in the banking and what is the job of senior management versus a board of directors. rep. huizenga: that would be a concern i have here is what expertise the fed has on corporate governance issues like corporate boards and frankly on of thet th