The Senate Banking committee thato the Senate Banking commite that the cf pp director to capitol hill to answer questions. Spinnaker hearing will go toward her. Today we will receive testimony from cfp direct her Kathy Kraninger. Including the rulemaking seemed supervisory regulatory activities. The report also provides insight into what the cfpb plans to undertake in the upcoming were period. Consumer protection is vital for the properly functioning Financial Market it is best determined by the robust quantitative analysis. Under director and Kathy Kraningers leadership ensures that they are datadriven, appropriately tailored to satisfy the obligations and based on sound evidence and legal support. Thereve been promising changes that are cfpb leadership under Kathy Kraninger but it remains abundantly clear that the fundamental structure of cfpb must be reconsidered to make it more transparent and accountab accountable. Last week the Supreme Court heard arguments for the cfpb case that
Activities. The report also provides insight into what the cfpb plans to undertake in the upcoming were period. Consumer protection is vital for the properly functioning Financial Market it is best determined by the robust quantitative analysis. Under director and Kathy Kraningers leadership ensures that they are datadriven, appropriately tailored to satisfy the obligations and based on sound evidence and legal support. Thereve been promising changes that are cfpb leadership under Kathy Kraninger but it remains abundantly clear that the fundamental structure of cfpb must be reconsidered to make it more transparent and accountab accountable. Last week the Supreme Court heard arguments for the cfpb case that examines the constitutionality of the Leadership Structure. March 2, 2020, the wall street Journal Editorial Board referred to this as a constitutional case of the year and stated that the question presented goes to the heart of the separation of powers and whether the Administrative
Im Harris Faulkner and you are in The Faulkner Focus. Washington post columnist David Ignatius got the ball rolling. President bide app should not run in 2024. A New York Times piece calling the 2024 piece a field of nightmares. An oped in the new York Magazine titled the case for biden to drop Kamala Harris, even from this former House Speaker nancy pelosi. Is Vice President Kamala Harris the best running mate for this president . He thinks so. Thats what matters. Do you think she is the best running mate, though . She is the Vice President of the United States. People say to me why isnt she doing ththat. Because he is the Vice President. Thats the job description. You dont do that much. Harris wow. That didnt sound like full throated support. What was that . Took them several times to get her to answer the question. Former White House Deputy chief of staff karl rove with this plain truth. Time is not his friend. He is going to turn 81 later this year. Nearly 82 by the time of the 202
The strength of an update as soon as we have information. Wrals laura leslie showing what she knows about the job cuts over a cisco. Reporter multiple Media Outlets are reporting the tech giant is expected to cut the 40,000 jobs over the next couple of months. They employ 71,000 people around the world amounting to 20 . The Industry Analysts say the reduction is response for the changing demand for networking as more and more businesses turn to Cloud Computing and other webbased servic servers is falling. That isnt expected to change anytime soon. A Company Insider say they are transferring to a less hardware heavy business model. Cisco has not yet confirmed the reported cuts and it is unclear how many will be cut at the rtp site. It is not just cisco. Other giants has also announced cuts. Iker soft is laying off about this summer we learned a should be would be cutting 3000 jobs. The production at cisco is by far the largest. Laura leslie reporting. Jack robbins took over as ceo last
The afternoon hours. Its not going to end up until tonight. How about the visibility . Half a mile visibility through much of the area. Fog is a big concern this morning. As youre headed out. Heres what you can expect with your morning rush. Expect delays. Areas of fog. Even worse than yesterday with the fog. Light rain and drizzle. Even though its not showering, its constantly misty out here. The roads are wet. We have wet leaves on the roads and certainly reduced visibility a big issue. Its 52 degrees with fog right now in philadelphia and misting. By 8 00 a. M. , temperatures kind of holding in the 50s. 53. Were going to see rain at times on and off much like yesterday. By noon, 57 but it gets really heavy in the afternoon hours. By 3 00 p. M. , i think well see some of the heaviest rain through the area, 59. By 6 00 p. M. , still raining at times and temperatures holding in the upper 50s, a high of 60 in the afternoon hours. So, a lot of rain coming our way. Details on all that in