The scene of widespread panic a month ago is still vivid in my mind.

Nobody wants to see that scene repeat itself.

On the other hand, unlike the panic of the bystanders, Pecora really wanted to curse.

Do bankers only ever use this one set of logic?

It's like someone going to the hospital and being diagnosed with a terminal illness.

Her first reaction was to blame the hospital, saying that she was perfectly fine before and only got a terminal illness after coming to the hospital, and that she would have been fine if she hadn't come.

Is that correct?

If a person is perfectly healthy, why would they go to the hospital?

If a bank is operating legally, why would it be subject to a special audit?

One logic.

Pecora forcibly suppressed the urge to refute.

She kept reminding herself that the hearing was about the Banking Act, not Richard Morgan.

Although I was very annoyed by the other party's sophistry.

But we must endure it.

“Mr. Morgan, I need to confirm what you mean.”

Pecora looked up and said, "So, you don't object to the Treasury having special audit powers, but you believe that special audit powers need to be kept confidential?"

"more than!"

Richard laughed, “Security measures, initiation conditions, execution procedures, boundaries…”

"These are all topics that require careful discussion before a conclusion can be reached."

“If these points cannot be clearly explained, we cannot trust the Banking Act.”

Pecora didn't react to this, but Woodin on the other side got anxious.

"He's talking nonsense!"

Woody said to Eleanor, "These standards are all clearly mentioned in the Banking Act. They are the result of careful consideration by the White House team. How can he say they don't exist?"

"Don't rush into a debate."

Eleanor stopped Woodin, saying, "If you go and argue with him now, you'll fall right into his trap."

Richard was trying to delay the hearing process.

If Woodin couldn't help himself and started arguing with Richard, scrutinizing every single word, when would the Banking Act be passed?

Pecora clearly shares the same line of thinking as Elino.

She didn't delve into that issue but moved on to the next one.

"So, besides the special deliberation power, what risks are there in the other clauses?"

"Of course there are, such as the bank directors' responsibilities in the next article."

Richard said, "I think Congress needs to understand one thing: banks making investments is a decision-making process."

"Every decision carries risk, and with risk comes the possibility of failure."

"But risk is not a crime, nor is failure a crime."

"If directors are held responsible for failed decisions, then fewer and fewer people will be willing to join the board of directors of banks in the future."

"And this is just the beginning."

"Over time, the social atmosphere will be seriously affected, and the country will no longer have people who are truly willing to make decisions!"

"The Norton Federation will henceforth cease its pursuit of progress!"

The hearing room fell completely silent.

In the gallery, one member of parliament couldn't help but nod, clearly pleased with Richard's remarks.

"Makes sense!"

He said, "We decision-makers already have it tough enough, how can we be made to bear more responsibility?"

A fellow councilor nearby also chimed in with a smile:

"If we really implement some kind of accountability system, the social atmosphere will definitely become one where people would rather do nothing than make a mistake."

Richard's words undoubtedly resonated with many members of parliament.

That's right!

The federal government has its own national conditions, and members of Congress are exempt from prosecution.

Today, let Rosefur pass a "Banking Act" to hold bank directors accountable.

What if she introduces a new law next time and targets us?

This is absolutely unacceptable!

Upon hearing Richard's remarks and the murmurs from the audience, Pecora was filled with rage.

Shameless.

That was her only thought at that moment.

At this moment, Pecora no longer cared about maintaining a neutral stance in questioning.

If Richard is allowed to get away with it, and these remarks spread, the federal government's concept of freedom and equality will become a complete joke.

Pecora was determined to argue with Richard to the bitter end, even if it meant going all out!

"Morgan! What you just said..."

Boom boom boom!

Suddenly, a loud thud of a wooden mallet came from behind.

"Thank you for your explanation, Mr. Morgan."

Pecora turned around abruptly, looking surprised.

She looked at the committee chairman, Fletcher, in disbelief.

it's over?!

Are you just going to let Richard go down like that?

Pecora never expected this outcome.

Why did Fletcher make this decision?

Could it be you too?

At this moment, Chairman Fletcher had a terrible headache.

He certainly disagreed with Richard's statement, but what he disagreed with even more was that Pecora and Richard were debating in court.

This indicates that the hearing was biased from the outset.

There's no need for that.

Are you worried about not being able to find anyone to refute Richard? Professional matters should be left to professionals.

Some people had been waiting impatiently for a while.

"Next, I would like to ask the White House to respond to these questions," Fletcher said.

"receive."

Eleanor slowly stood up; it was finally her turn.

Even after hearing those outrageous remarks, his expression remained calm.

The look in her eyes as she looked at Richard carried a detached pity.

It's like looking at a corpse in a morgue.

Chapter 68: Why is it that you are the only one who doesn't have to pay taxes?

As they walked toward the witness stand, Eleanor brushed past Richard.

It's funny.

Although the two had gone back and forth, and stabbed each other in the back several times.

But to be fair, this was their first meeting.

Eleanor came to the witness stand.

Following procedure, he first took the oath at the chairman's instruction.

Only then did he sit down.

Pecora observed the White House special advisor.

She had certainly heard of Eleanor.

A close associate of President Rosefellow, the true drafter of the Banking Act, and a core member of the Shadow Cabinet.

But seeing is believing.

Eleanor's first impression of her was not as sharp and outspoken as the rumors suggested.

Now, all eyes are on Eleanor.

Everyone wants to see what happens after Richard just used the theory of responsibility to bind most of the members of parliament.

How can Eleanor speak in a way that turns the tide of the conversation?

Is it possible?

That's really difficult!

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