50 billion to make people feel confident and safe that they can go back out and they can say reopen, reopen but if they are afraid to go out there i want to start by acknowledging the horrific tragedy in minnesota of george floyd that is absolutely tragic. That video that we saw that i saw in them asap saw and that the president saw in the president put out a Statement Last night that at his request the fbi in the apartment of justice are already well into an investigation as to the very sad and tragic death in minnesota of george floyd. I have asked this investigation to be expedited and greatly appreciate all the work done by Law Enforcement could my heart goes out to George Family and friends. Justice will be served. I can tell you that as i am briefing you at this moment the president is receiving a briefing from the attorney general. The Deputy Director of the fbi also. That is ongoing as i begin this breathing. Secondly i want to transition into some news from fda. Treasury was a
The seats. It has given the conservatives of break. Not in many seats, which are and by the labour party some liberal democrats in brexit voting areas. David we have over a month to go until the election. The poles of indicated the tories are ahead, but to those nationwide polls count for much in england . Therese they count for something. It is a substantial lead. The polls are not constituency by constituency. This is a winner take all system. What we can say is it is looking increasingly like a two party race rather than back in may when we saw four parties all within touching distance of each other. I think the conservatives will feel comfortable. They will not feel confident. A lot of this election depends on what happens to some of those lead voting areas the conservatives need to win if theyre going to have the kind of comfortable majority Boris Johnson wants to get this deal through and govern and legislate without substantial opposition. David thank you so much to therese rafa
2019 annual report which outlines the bureaus significant work between october 2018, and march 2019, including rulemakings and supervisor and its regulatory activities. The report also provides insight into what the cfpb plans to undertake in the coming work. Go. Since the into her role last november Kathleen Kraninger demonstrated a commitment to ensuring consumers have access to a wide range of Financial Products and services that meet individual needs, fostering innovation and vigorously protecting consumers. Reflecting this commitment to the cfpbs mission Kathleen Kraninger conducted an extensive Cross Country listening tour with a spectrum of cfpb stakeholders during her first month on the job. Kathleen kraningers conversations with consumers, industry and federal and state regulators have improved cfpb engagements, informed their supervision and regulatory processes and improved agency transparency. In the semiannual report director Kathleen Kraninger highlighted the cfpb has tak
October 2018 and march 2019. Including rulemaking and supervisory and regulatory activities. The report provides insight into what the cfpb plants undertake in the coming work period, since stepping into a roll last december director can injure understands consumers have access to a wide range of Financial Products and services that meet their individual needs, fostering innovation and vigorously protecting consumers. Reflecting this commitment to the cfpbs mission, director crandall conducted an extensive Cross Country listening tour with the full spectrum of cfpb stakeholders during her first month on the job area director creditors conversations with consumers, industry and fellow federal and state regulators have improved engagement, informed their supervision and regulatory processes and improve Agency Transparency area in the semiannual report, director preminger also highlighted the cfpb has taken steps to strengthen the consumer marketplace by providing Financial Institutions c
Our second panel is chris brummer, Research Professor director, institute of economic law, and University Law center. Our second witnesses katerina pastore, and columbia law school. Gendler who is professor of the practice of Global Economics and manager. Mit sloan school of management Senior Advisor to the director, Mit Media Lab and codirector of. The next witness will be robert wiseman, president , public citizen, and the final witness will be chief Strategy Officers. Welcome to all of you. Without objection, your written statements will be made part of the record. Each of you will have five minutes to summarize your testimony and with one minute remaining a yellow light will appear. At that time i will ask that you wrap up your testimony so that we can be respectful of both witnesses and Committee Members times. You are recognized for five minutes to present your testimony. Thank you so much. Members of the committee, thank you for inviting me to testify. Im here in my academic cap