Item 3 Public Comment on executive session. Any Public Comment on executive session also known as item 4 executive session. Motion i move to reconvene in open session you so moved all in favor, say i. I. Opposed . I move to not disclose anything discussions in closed session. We need a all in favor, say i. I. Opposed . It passes par item 6 pledge of allegianllegiancegianceallegian allegiancer item 6 pledge of allegian allegiance. And to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Please be advised the ringing of and use of cell phones, phones, please be advised that the chair may order the removal from the meeting room of any person s responsible for the ringing or use of a cell phone, pager, or other similar soundproducing electronic devices. Please be advised the member of the public has up to 3 minutes unless the comedians has adopted a short time any Public Comment on anything not listed on the jaubtd. Any comment seeing an
Sure. Madam secretary you want it call the roll please. Sure roll call commissioner president adams commissioner woo ho item 2 approval of the minutes for the may 10, 2016, so moved second all in favor, say i. I. Opposed . Item 3 Public Comment on executive session. Any Public Comment on executive session also known as item 4 executive session. Motion i move to reconvene in open session you so moved all in favor, say i. I. Opposed . I move to not disclose anything discussions in closed session. We need a all in favor, say i. I. Opposed . It passes par item 6 pledge of allegianllegiancegianceallegian allegiancer item 6 pledge of allegian allegiance. And to the republic for which it stands, one nation under god, indivisible, with liberty and justice for all. Please be advised the ringing of and use of cell phones, phones, please be advised that the chair may order the removal from the meeting room of any person s responsible for the ringing or use of a cell phone, pager, or other similar
You may have got the new credit card recently with a chip in it. Consumer advocates from the credit card industry will discuss the implementation of that chip card technology. A group called protect my data is protecting hosting this of that. This is live coverage on a cspan. We expected to start in just a moment. Good afternoon unwelcome. It good afternoon and welcome. Thank you for being here. Thank you for taking part of this conversation today. We will follow up on the event we had last year. That me start again. Anyone missed it, i want to welcome you today to take part in this great conversation we are having on the chip card transition six months later. Lynn with attacked my data. Thank you for being here. We had a great event last year that i hope some of you were able to make it too. We will have time to answer any questions you have. Over six months since the october 1 liability shift deadline and we are here to explore the progress the industry has made to protect consumers
It doesnt make sense to make the American Public stand by and wait for an alternative while they remain susceptible to fraud. Traditional credit and debit cards account for the overwhelming majority of all transactions in the United States today. Credit cards be the preferred method of payment for consumers for years to come. We must ensure we are using every credible means to safeguard those transactions now. That means embracing chips and pins. I would like to try over to camille fisher. She is the policy advisor with the white house economic council. She will speak about what the administration is doing to protect consumers. Thank you. Camille fisher thank you. Its a pleasure to be here with you to talk about the security initiative. The hallmark is that every step the administration took the private sector ran with. The could not be here today without your commitment. I hope our cooperation lives on. I think our initiative can teach the next guy a thing or two. We launched our Cybe