00:00It's Benzinga, and here's what's on the block.
00:02A U.S. Senate panel investigating Boeing's safety culture criticized both the company's
00:07quality control practices and the Federal Aviation Administration's oversight, according
00:11to documents from an ongoing probe.
00:13The Senate Permanent Subcommittee on Investigations found that Boeing workers are pressured to
00:17prioritize speed over quality, while the company fails to provide proper employee training
00:22and maintains flawed inspection procedures.
00:25FAA Administrator Mike Whitaker testified before the Senate confirmed that Boeing must
00:29undertake significant safety improvements that could take years.
00:32For all things money, visit Benzinga.com.
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