this is the address kong is given as his to the astray in securities and investments commission but having lived in cambodia since nine hundred ninety three and worked as a senior government official he clearly doesn't reside here. it's of great concern here that we've got a senior foreign government official giving an address that does not appear to be a place of residence that would be a breach or a strong corporations law if that is not his his place of residence it's a huge red flag i understand that you have several million dollars worth of property in australia how they were humiliated let's look at all those information from australian records publicly available records i understand that you have a company called pan or read p.t.y. ltd it appears you have broken corporate law in australia by registering a business and giving an astray an address when you actually live in cambodia and the head of the tax department here because. that. business since i before i start working cambodia a long time ago but i was actually registered. not that long ago. i've got the company extract now but

this is the address kong is given as his to the astray in securities and investments commission but having lived in cambodia since nine hundred ninety three and worked as a senior government official he clearly doesn't reside here. it's of great concern here that we've got a senior foreign government official giving an address that does not appear to be a place of residence that would be a breach or a strong corporations law if that is not his his place of residence it's a huge red flag i understand that you have several million dollars worth of property in australia how were humiliated let's say you get all those information from australian records publicly available records i understand that you have a company called pan or read p.t.y. ltd it appears you have broken corporate law in australia by registering a business and giving an astray an address when you actually live in cambodia and the head of the tax department here because. that. business since i before i started looking cambodia a long time ago but i was actually registered. not that long ago. i've got the company extract now bu

this is the address kong is given as his to the astray in securities and investments commission but having lived in cambodia since nine hundred ninety three and worked as a senior government official he clearly doesn't reside here. it's of great concern here that we've got a senior foreign government official giving an address that does not appear to be a place of residence that would be a breach or a strong corporations law if that is not his his place of residence it's a huge red flag i understand that you have several million dollars worth of property in australia how were humiliated let's say you get all those information from australian records publicly available records i understand that you have a company called pan or read p.t.y. ltd it appears you have broken corporate law in australia by registering a business and giving an astray an address when you actually live in cambodia and the head of the tax department here because. that. business since i before i started looking cambodia a long time ago but i was actually registered. not that long ago. i've got the company extra long but

the capital markets securities and investment commission have called cryptocurrencies in initial coin marketing in march of this year and held a hearing to discuss illicit use of virtual currency and the response last year. in the international financial system. we will discuss its use, both in the united states and abroad. thus far, some countries, lake vietnam and china, have banned or restricted it altogether. others such as switzerland and malta have fostered it, with a mostly hands-off approach and regulatory guidance. and others have adopted it, including tunisia and ecuador, by issuing their own central bank digital currencies. how ought the united states government approach this new technology is of great importance. some believe as former fed chairman bernanke bernanke highlighted in a 2013 letter to congress that digital currency innovations, quote, may hold long-term promise, particularly if the innovations promote a faster, more secure and more efficient payment system, unquote. some have suggested that cryptocurrency may be a catalyst for the elimination of physical curre

ladies and gentlemen, the eu investing in defense and security as a matter of priority and the 27 leaders and president on the commissions. it is our responsibility what we do not do for ourselves no ne will do for us. this is even more true than ever. though we are now running 16 missions, six of them are military operations to stabilize our neighborhood, fight against piracy, smugglers profiting in the mediterranean, stabilization of the balkans, contribution of the fight against terrorism. we are reviewing our common tructures to be more responsive and more efficient and we are setting up a european defense fund to stop the duplication of weapon systems across europe, which cannot operate together. it is the first time, the very first time, that the eu budget will invest in military apabilities. ultimately my conviction for a long time is that for a strong european defense means a stronger nato. just two examples, first, with the european defense fund i just mentioned the member states have good reason to invest more and better and together in defense. the debate on the european side is not only on how much we spend,

profile after the commissioning of the projects and then the cash generation starting that the other -- the investor, for example, can invest in the field. so, for example, we can secureties, the after commissioning of the project and then part of that will be sold to the live auction to the other investor fund. this is a more dynamic role of playing to originate or thought to be invested by the private sector. we always -- in the minds of the catalyst and they thought normally we provide 50% or 30% more by private banks we'll be going more forward to having more law in a later state project. >> fantastic. and the united states government isn't in the business to own any business. so the whole thought is to go into countries our gdp cutoff which sounds like -- doesn't sound like -- a lot of companies that i was just in the gdp per person per year is 7, $800 per year. and so from the u.s. government's perspective to help us companies to stand up where they can't get financing for some reason and they have high unemployment, employment in these countries and bringing the unemployment rate down which a lot of the countries is 30 to 50% creates stable economies, creates s

security and help with their environment. maria: don't go anywhere. it's easy to think that all money managers are pretty much the same. but while some push high commission investmentroducts, fisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. stay at la quinta. where we're changing with stylish make-overs. then at your next meeting, set your seat height to its maximum level. bravo, tall meeting man. start winning today. book now at lq.com maria: a look at some of the big market events coming up that could impact your money. we'll get data on pending home sales. it's another big week for earnings. caterpillar is typically a market mover. tuesday will be a big market day. and then earnings from am and pfizer. wed date latest data is for the adp employment report. auto sales are out as well. and tesla, sprint and the carlisle grou

encouraging capital formation and requires the securities and exchange commission to consider unique issues facing rural small businesses and small investment advisors. when entrepreneurs are looking to retire, s. 488 allows them to easily sell their businesses. the bill also requires several rule makings and studies to encourage small businesses to go public, including by protecting them from excessive underwriting fees. main street investors and consumers also benefit from s. 488. one provision which i authored cracks down on corporate insiders engaged in illegal insider trading. democrats also led provisions to enhance disclosures about outsized insider voting power. the bill also create ats task force at the s.e.c. to protect seniors an their financial best interests. additionally, the bill helps nonprofits like habitat for humanity continue to extend affordable mortgages to low income families aspiring to the dream of home ownership. thanks to mr. ellison, the legislation allows millions of americans with thin credit files to improve and build their credit by allowing alternative types to have data like the on-time payment of rent and

security and help with their environment. maria: don't go anywhere. it's easy to think that all money managers are pretty much the same. but while some push high commission investmentisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. is it to carry cargo... greatness of an suv? or to carry on a legacy? its show of strength... or its sign of intelligence? in crossing harsh terrain... or breaking new ground? this is the time to get an exceptional offer on the mercedes of your midsummer dreams at the mercedes-benz summer event, going on now. receive up to a $1,250 summer event bonus on select suvs. mercedes-benz. the best or nothing. if you way too often...e moves then you might have a common condition called dry mouth... which can be brought on by many things, like medication and medical conditions. biotène provides immediate, lon

and protect the taxpayers' dollars. the bill makes critical investments for our nation's financial markets by providing targeted increases for the securities and exchange commission and for the commodities future trading commission. after years of flat funding for the cfts, the trading commission including a $1 million cut last year this bill provides an increase to cftc in recognition of their role overseeing our swaps and futures market. it was a priority to a number of senators on both sides of the aisle and i'm pleased we were able to accommodate it this year. the bill provides $11.26 billion to the internal revenue service to the administration of our nation's tax laws. of this amount $77 million is dedicated to implementing the new tax cuts and jobs act. that bill has been enormously successful in helping turn around our economy, where our g.d.p. growth has grown exponentially over the last year. but we have to be able to fully implement that bill. that be aside from tax reform, we're also able to provide -- in base funding for the i.r.s. this will increase the operations support account. it will provide for investment for technology infrastructure and it w

security committees. we'll be right back. etty much t. but while some push high commission investment products, fisher investments avoids them. some advisers have hidden and layered fees. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. tap one little bumper and up go your rates. what good is your insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty mutual insurance. ♪ liberty. liberty. liberty. liberty. ♪ at outback, there's one way to cook a steak. perfectly. and three ways for perfect shrimp. introducing steak & shrimp, starting at $15.99. whether you choose bbq, garlic butter or sweet & tangy shrimp, it'll be perfect. and for a perfect outback meal at home, order now.

investment research for small and emerging issuers act. the speaker pro tempore: the clerk will report the title of the bill. the clerk: h.r. 6139. a bill to require the securities and exchange commission to carry out a study to evaluate the issues effecting the provision of reliance upon investment research into small issuers. the speaker pro tempore: pursuant to the rule, the gentleman from michigan, mr. huizenga, and the gentlewoman from california, ms. waters, each will control 20 minutes. the chair recognizes the gentleman from michigan. mr. huizenga: mr. speaker, i ask unanimous consent that all members may have five legislative days within which to revise and extend their remarks and include extraneous materials on this bill. the speaker pro tempore: without objection. mr. huizenga: mr. speaker, i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. huizenga: mr. chairman, initial public offerings or i.p.o.'s, have historically been one of the most meaningful steps in the life cycle of a company. quote, going public was the ultimate goal for many entrepreneurs. you start a business from scratch, build it into a successful enterprise,

security number is found on any one of thousands of risky sites. money managers are pretty much the same. all but while some push high commission investment products, fisher investments avoids them. some advisers have hidden ands. fisher investments never does. and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. >>> welcome back to "hardball." more now on our top story. according to "the new york times" president trump's former personal lawyer michael cohen secretly recorded a conversation in 2016 with then candidate trump regarding a payment related to playboy model karen mcdougal. following his meeting with russian president vladimir putin in helsinki on monday. the question is no matter how damaging the cohen story, will it provide a much needed distraction from the president regarding helsinki? let's bring in our round table. never before in american history would you suggest that a story like today's about donald trump and his lawyer and the phone call and the payments and

, do you believe that the securities exchange commission is the best suited place to come up with the standard that indeed can be harmonized across all investment categories and all types of investment advisors. >> i firmly believe that. >> let me ask you this, here is another major concern for this is where i understand the labor departments retirement situation. we are faced with a horrendous retirement boom right now. we have this baby boomer generation that really produced itself right after world war ii and so, i wanted to know if you will commit to this committee today that your intention is to see this proposal through to the final rulemaking. now that question has been asked to you in a couple different ways but you haven't been clear. where you going to be the man that's going to see this through to the end? >> well, no one person can do this, but this is. >> will you be the captain of the ship. >> yes. >> you said you will. >> yes. >> all right, thank you. the time of the gentleman, all right, thank you. the time of the gentleman has expired. >> chairman i recognize the gentleman from oklahoma mr. lucas, former chairman of the house agricultural com

do you believe the securities exchange commission is the best suited place to come up with the standard that indeed can be harmonized across all investment categories and all types of investment advisor? >> i firmly believe that. >> all right. let me ask you this also. here is another major concern. this is where i understand the labor department's retirement situation. we are faced with an horrendous retirement right now because we have this baby boomer generation that really produced itself after world war ii that is coming. i wanted to know if you will commit to this committee today that your intention is to seeing this proposal through to the final rulemaking? that has been asked to you in a couple different ways, but you have not been clear. are you going to be the man that's going to see this through to the end? or will you be the captain of the ship? >> yes. >> you said you will? >> yes. >> thank you. >> the time of the gentleman -- >> you will be the captain. >> has expired. i recognize the gentleman from oklahoma. >> in my time in this committee i have tried to be pragmatic and practical in my perspectives and focus. if you don't mind chairman