Sions and labor will please come to order. Senator murray and i will each have a statement and we will introduce witnesses. After the testimony senators will have five minutes of questions. There is a vote scheduled for 10 30. I think we will continue right 10 45. Until 10 4 and then we will alternate going back to vote. I think we will have time for all the witnesses testimony before we have to leave for the vote. We are holding the second in a series on Prescription Drug costs in response to a bipartisan request led by senators cassidy, senator franken, along with senators sanders,white house, and warren, as well as other senators who are interested in this object. Not only was the request for these hearings bipartisan, but both his hearing and the first hearing on drug prices were bipartisan, which means senator murray and i agreed on the witnesses. Despite this, our first hearing in june went so far off track that i delayed this hearing , instead oftors talking about drug prices, w
European law consumers get to know what the factors were that made that determination. I think we need to move to that approach. The make companies more accountable than decisions about American Consumers fairer and more transparent. You do have requirements that when you take adverse action based on Consumer Report you notify the consumer. And were Credit Scores used you have to have key factors that affected the score. One more question and i apologize. If the bill were kept liabilities in the past how much would hundred 45 million americans, how much would those victims of equifax problem been entitled to . First, heres to me there are be a cause of action and right now based on news reports thered be no cause of action under the fair credit reporting act because it was an credit report. Were there to be a breach of a Consumer Reporting database, i believe the figure was a million. The cap was either 500,000 are million. Was consistent with the other Consumer Protection statutes. It
Senator murray and i will be to have an opening statement, and then we will introduce the witnesses. After witness testimony, senators will each have five minutes of questions. Theres a vote scheduled for 10 30. I think what we will do is continue right on through of about 10 45, and then we will alternate going back and forth to vote. I think we will have time to all of us here witness testimony before we have to leave for the vote. We are holding a hearing, which is the second in a series on Prescription Drug costs in response to a bipartisan request, led by senators cassidy, senator franken, along with senators collins, baldwin, murkowski, war and as well as other senators interested in the subject. Not only was the request for these hearings bipartisan, but both this hearing and the first hearing on drug prices were a partisan, which means senator murray and i agreed on the witnesses. Despite this, our first hearing in june when so far off track that i delayed this hearing because
Im coming to you from the worldfamous neon museum, right here in downtown las vegas. Its often said that vegas was a microcosm of the entire united states. And when it comese realestate market, nothing crashed harder or bounced back quicker. But rebuilding your dreams is not always easy. Now were going to 23 1 2year retired air force veteran grady. Thank you for your service and thank you for allowing us in your home today. Sure. And your wife, of course. Now, let me ask you, when did you buy the home that were sitting in right now . We moved in in early 2006. Boy, thats when vegas was booming with building, wasnt it . It was. It was the singlestory community that we wanted. At what point did you realize that you were gonna be faced with a problem as it relates to value and what was owed on the home . 2006, 2007 were okay all house payments made, everything made on both of the loans that we had. But then 2008 hit, and the bottom just fell out of the housing market. And so, this house t
Im coming to you from the worldfamous neon museum, right here in downtown las vegas. Its often said that vegas was a microcosm of the entire united states. And when it comese realestate market, nothing crashed harder or bounced back quicker. But rebuilding your dreams is not always easy. Now were going to 23 1 2year retired air force veteran grady. Thank you for your service and thank you for allowing us in your home today. Sure. And your wife, of course. Now, let me ask you, when did you buy the home that were sitting in right now . We moved in in early 2006. Boy, thats when vegas was booming with building, wasnt it . It was. It was the singlestory community that we wanted. At what point did you realize that you were gonna be faced with a problem as it relates to value and what was owed on the home . 2006, 2007 were okay all house payments made, everything made on both of the loans that we had. But then 2008 hit, and the bottom just fell out of the housing market. And so, this house t