Agency established in 1914 by the federal trade commission act. The ftc is chiefly responsible from protecting consumers from unfair, deceptive or fraudulent Business Practices in the marketplace. This includes protecting business privacy and the security of their data from any harmful uses of technology and combating deceptive advertising and illegal robo calls among other issues. The ftc is also responsible educating consumers about predatory Business Practices. It is intended to inform customer choices and help prevent americans from falling victim to scammers, fraud centers, cyber criminals and other bad actors. As was recently discussed at chairman marans subcommittee hearing the coronavirus has created an avenue for scammers to take advantage of consumers. The surge in internet use in particular because of stay at home orders has been a prime target for exploitation. I appreciate the commissions ongoing efforts to protect consumers from identity theft, email phishing schemes and
We extend a special welcome to our witnesses and thank them for appearing. Remotely all appear this morning. Commissioner noah phillips, commissioner Christine Wilson and rebecca slaughter. This agency was established in 1914 by the federal trade commission act. The fcc is chiefly responsible for protecting consumers from unfair, fraudulent Business Practices in the marketplace, including protecting Consumer Privacy and the security of their data, preventing harmful uses of technology and combating deceptive advertising and illegal robo calls, among other issues. The fcc is also responsible for educating consumers about fraudulent activity and theatory business practice fcc is intended to help prevent americans from falling victim to frauds fraudsters and other actors. Recently discussed, the subcommittee hearing on covid19 scams last month, coronavirus becauseted a new avenue of stayathome orders, a prime target for exploitation. I appreciate the ongoing efforts to protect consumers f
Proposals put out to expand Rural 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 thank you for having me on. Its important we talk about Rural Broadband. I have been engaged in this for years and one of the cofounders of the caucus and also have groups meeting all the time because this is not a republican or democrat or independent issue but this affects everyone in the rural area and its important to get this out as soon as we cant because during this, 19 you will see the effects and what can be done when they have the broadband of our rural areas. Everything from telehealth and i talked to so many doctors that they have telehealth but again if you dont have the access and a problem so that is one of the first things on the telehealth side and we have educational side here in the state of ohio where they share closing schools and say we have the kids doing it remotely from home an
This morning. Markets are pointing to higher opening this morning. Possibility of more stimulus of holiday shorten week, this after Third Quarter kicks off with mixed day yesterday, nasdaq with 12th record close of the year. 95 points at 4 00 oclock on wall street yesterday. Meanwhile more stimulus ahead. President trump telling fox business he supports additional money going directly into americans pockets, hes looking to add incentives to get people to back to work. Warning of market crash of former Vice President joe biden gets elected. The house takes action over hon hong kongs actions. All that coming up. Officials finally taking action in seattle meanwhile clearing out the autonomous zone after 3 weeks of occupation, then this, tesla driving to new heights, charging past competition, largest automaker by market value surpassing disney and cocacola. Mornings with maria is live right now. Maria Global Markets this morning look like this, we are looking at gains across the board, gr
Starting the quarter with gains. The nasdaq was up more than 1 by an alltime high. S p was up half a percentage point. The dow was up slightly. A decline of about 0. 3 . Burke buckle your seat belts a lot to come. We have been watching what is happening with the futures at this point, all three in the green. The dow up almost 200 points all coming before the big jobs report the last trading day of the week before a long Holiday Weekend for the 4th of july. You could see some activity happening here a quick look at the treasury market youll see right now, the 10year looks like it is yielding 0. 676 . It is that jobs preview people are waiting for to get a sense of what is happening in the economy. Lets bring you the preview maybe not the numbers itself but get ready for them markets in the u. S. Are closed tomorrow in observance of Independence Day today is jobs thursday forecasters expecting an addition of 2. 9 million nonfarm jobs in june Unemployment Rate expected to dr drop calling