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Transcripts For CSPAN2 Key Capitol Hill Hearings 20151217

The oversight investigations subcommittee will come to order. The time at the hearing is examining the Consumer Financial Protection Bureaus mass Data Collection program. Without objection the chair soccer sadrist to declare recess of the subcommittee at any time and without objection all members will have five legislative days in which to submit extraneous materials to the chair for inclusion in the record. The chair recognizes himself for four minutes to give an opening statement. The Consumer Financial Protection Bureau is fundamentally passed with protecting americans from unfair or deceptive and abusive financial practices. Ironically as it was sold of a massive Data Collection activities the cfpb is putting all americans all of us at risk. From january 2012 to july of 2014 the cfpb carried out 12 largescale Data Collections including the monthly collection of data affecting hundreds of millions of credit card accounts, 173 million mortgages as well as information on 10. 7 million

Transcripts For CSPAN2 Key Capitol Hill Hearings 20151217

The need to end our reliance on russian engines. We actually put our money where our mouth is. We added 133. 6 million on top of the 84. 4 million requested by the president to accelerate the development of the new rocket engine. 100 billion authorized by the Defense Authorization committee. So we are making certain that we are going to end this reliance on russian engines. The question is how we manage the space launch through several years of launches before we have that engine. We need to do it without jeopardizing our National Security. The general provision which i referred to allows for space launch competition in 2016 without regard to the source of an engine. It will permit real competition on four missions in 2016, and it will avoid trading one monopoly for another. I think ive explained how weve reached this point. I think there is good faith on i think there is good faith on i think theres good faith on both sides. I dont question the motives of the Senior Citizens in senato

Transcripts For CSPAN3 Key Capitol Hill Hearings 20151219

The oversight investigations subcommittee will come to order. The time at the hearing is examining the Consumer Financial Protection Bureaus mass Data Collection program. Without objection the chair soccer sadrist to declare recess of the subcommittee at any time and without objection all members will have five legislative days in which to submit extraneous materials to the chair for inclusion in the record. The chair recognizes himself for four minutes to give an opening statement. The Consumer Financial Protection Bureau is fundamentally passed with protecting americans from unfair or deceptive and abusive financial practices. Ironically as it was sold of a massive Data Collection activities the cfpb is putting all americans all of us at risk. From january 2012 to july of 2014 the cfpb carried out 12 largescale Data Collections including the monthly collection of data affecting hundreds of millions of credit card accounts, 173 million mortgages as well as information on 10. 7 million

Transcripts For CSPAN3 Key Capitol Hill Hearings 20151219

The oversight investigations subcommittee will come to order. The time at the hearing is examining the Consumer Financial Protection Bureaus mass Data Collection program. Without objection the chair soccer sadrist to declare recess of the subcommittee at any time and without objection all members will have five legislative days in which to submit extraneous materials to the chair for inclusion in the record. The chair recognizes himself for four minutes to give an opening statement. The Consumer Financial Protection Bureau is fundamentally passed with protecting americans from unfair or deceptive and abusive financial practices. Ironically as it was sold of a massive Data Collection activities the cfpb is putting all americans all of us at risk. From january 2012 to july of 2014 the cfpb carried out 12 largescale Data Collections including the monthly collection of data affecting hundreds of millions of credit card accounts, 173 million mortgages as well as information on 10. 7 million

Transcripts For CSPAN Hearing On Consumer Financial Protection Bureau Data Collection 20151220

About a persons credit Card Transactions was enough to reidentifying the anonymous credit card data and 90 of the cases that they study. Doddfrank granted the cfpb expensive and Intrusive Authority with very little accountability or oversight. However the cfpbs Data Collection programs appear to exceed the mandate included in doddfrank. Under the guise of its supervisory monitoring and examination authorities the cfpb appears to have subordinated consumers interest with the Data Collection programs. What is more concerning for the cfpb claims to be an information driven agency it seems the cherrypicked data to justify pursuing a politicized rulemaking agenda. For publishing unverified Consumer Complaints on this web site using unreliable methodologies for auto lending the agency has proven time and time again that it will present only the most convenient of quote facts for its purposes. Not bleeding data to validate a regulatory outcome is not sound public policy. This is junk science.

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