Good morning and the meeting will come to work. Welcome todays hearing on the oversight of the general trade commission. On extended a welcome and thank you for appearing. You will all appear roughly this morning. Include fcc chairman joe simons, and noah phillips. Commissioner chopra pretty commissioner Christine Wilson and rebecca slaughter. Cc the established in 1914. Under federal trade commission act. The fcc is chiefly responsible for protecting consumers from unfair, or fraudulent Business Practices in the marketplace. This includes protecting consumers privacy, and security of the data. And harmful uses of technology in combating deceptive advertising and illegal protocols. The fcc is also responsible for educating consumers about fraudulent activity, and predatory Business Practices and Consumer Education is an essential part of their mission. And its intended to inform customer choices help prevent americans from falling victim to fraudsters, cyber criminals another bad actor
Will come to work. Welcome todays hearing on the oversight of the general trade commission. On extended a welcome and thank you for appearing. You will all appear roughly this morning. Include fcc chairman joe simons, and noah phillips. Commissioner chopra pretty commissioner Christine Wilson and rebecca slaughter. Cc the established in 1914. Under federal trade commission act. The fcc is chiefly responsible for protecting consumers from unfair, or fraudulent Business Practices in the marketplace. This includes protecting consumers privacy, and security of the data. And harmful uses of technology in combating deceptive advertising and illegal protocols. The fcc is also responsible for educating consumers about fraudulent activity, and predatory Business Practices and Consumer Education is an essential part of their mission. And its intended to inform customer choices help prevent americans from falling victim to fraudsters, cyber criminals another bad actors. And recently discussed and
Cspan created by americas cabletelevision companies as a Public Service and brought to you today by your television provider. Host this week join is on the communicators this representative bob latta, the Top Republican on the communications and Technology Subcommittee and our guest reporter is sam sabin of Morning Consult. Congressman latta joining us from bowling green, ohio, there are then several proposals put out to expand world broadband especially in this time of covid. Which ones are you supporting and which ones do you think would benefit your largely rural district . Guest thanks so much for having me on. Its really important we do talking about world broadband. Ive been engaged in this for years and one of the cofounders of the probroadband caucus and with groups that a meeting all the time because this is not a republican or democrat raided the issue. This affects everyone in the rural areas. Its important for us to get this out as soon as we can especially during this covi
They say that they are going to begin a phase three trial later this month, but until they have that data, and they havent published any of the early data either, the long term effects and the safety of the vaccine remain unclear ive been talking with experts this morning from the childrens hones hospital of philadelphia and he says that there is no way that they could have any evidence that the vaccine works at this point. And it is based on technology that is not dissimilar from what other Vaccine Developers are working on, essentially using two other harmless viruses to ferry genetic material from the coronavirus to produce a immune response against it. J j is pursuing one vector using that same approach so not a lot known about this and experts are concerned that russia is approving this before they know if the vaccine can really protect people and if there are any safety concerns that would turn up when the vaccine is administered to more people they say in the United States and o
Ins a draw as they say soccer right now. Jonathan im not sure anyone calls Bank Earnings season the great derby. Darby. Y the fixed trading revenue number. Equity sales and trading revenue. Message fromng the the city ceo. Balance sheet a has plenty of capacity to serve clients. This is the continued message that the Balance Sheet is not an issue, this is an earnings issue. The Balance Sheet is still strong. Tom every bank has different language. 20 some billion dollars of cost of credit. Citigroup and jp morgan lifting a little bit. Wells fargo is its own story. Sonali basak joins us now. We have citigroup out here now i want to go back to wells fargo. How broken is wells fargo . A 2. 4 just posted billion loss. Down to is being cut . 10 compared to . 20 expectations and . 51 where it was before. They are putting up a fraction of what they had before. They are jp morgan with relatively solid results in the face of a tough time. Jonathan is there a broad take away yet for all three . A