Chair good morning, now that our executive session is complete we turn to the issue of data breaches. This is not a new issue. The committee has been focused on the Consumer Impact since before i was elected to the senate. The september 2004 choice point breach was considered to be the first highprofile data breach in the modern era prompted investigations from this committee and state authorities. Choice point was a data Aggregation Company originally as fateby equifax who would have it is represented here today. In terms of the inquiry the major data breaches, we have come full circle. Congress and this committee paid close attention to data breaches big and small. The committee has entertained proposals to strengthen requirements for Companies Across the board and impose federal requirements for companies to notify consumers following discovery of the breach. We are in the air of major data breaches, including equifax and yahoo that we are examining. The yahoo breaches are larger, t
Are trading now, under 30 minutes until the finish of the friday session, stocks riding after a fourday drop. All of these currencies gaining against the dollar. Hitting a boost from the jobs report. Euro is up by three quarters of 1 . Sovereign. Odities, i want to talk about the big election that is taking place next week. Traders tend to increase hedging before an event such as an election, sending expectations for equity volatility high. This is not the case for next wednesdays dutch vote. And investors in the netherlands appear to be a bit more concern about a strong showing by euro skeptic Marine Le Pen in the april 23 French Election than politics and their own country. The benchmark and the netherlands is up by 6 this year versus a 3. 5 rise in the european benchmark. The best performance of the ax, axonal bell, unilever, they have been boosting boosted by takeover. They have been takeover targets that they both rejected. We have had data in the u. K. , manufacturing, constructi
Board, pretty much all morning long. We talked to National Economic counsel director gary cohn first on msnbc and got his take on the numbers and the president s policies. Theres clearly a good februarys part of the numbers. Im not going to deny that. But on the other hand, when you look at what weve been doing here at the white house and all the ceos we brought in, whether it be exxon or sprint or intel, theyve promised an enormous amount of jobs and job creation in the United States. Those hirings have not been done yet. Those are future hirings. Were still living on the hire tgs from the normalized Economic Growth thats built into the system here. Lets bring in michael forruely. Guys, good morning to you both. Michael, walk me through. What carl just said and the degree to which expectations of a proBusiness Environment is feeding the jobs number now. So i think the jobs number now were seeing is probably just a continuation of the general trends in the business cycle. It was a very
Surprises me, because that is not what donald trump was saying in the primary. If you wanted Economic Growth, you would go marco rubio. Barry going back decades, on trade, the United States is not antitrade. But what voters do feel is its not working for me. I will go back to nafta. 30yearolda agreement that has never been updated. What is wrong with saying, hey, lets get the three of us together. We know the things that really arent working. We know there are workers that are being displaced. The tax system is not allowing the free flow of capital the way it should, we know the Regulatory Environment is making it more difficult to trade, not easier to trade. Whats wrong with sitting down and thinking is the right better deal for the three of us . Most donald trump voters knowing that donald trump is at the home having that conversation are going to be perfectly fine with whatever he comes out with. That is where the Political Class and the media have got to understand he is smarter th
In the Treasury Department during the clinton administration. Mr. Brooks thank you for ms. Sandberg thank you for inviting me here today. Mr. Brooks we have been the keyboard to this conversation for a long time. In 2006 and we were both interested in philanthropy. I had written a Controversial Book about who gives more to charity, conservatives or liberals . She came to a talk that i gave and she said, that is one of the most interesting people i have ever met and it is great that we are going to meet again for this particular conversation. I have got a lot of questions and so does our audience. I want to get right to it. You are kind of in the deli of the political beast. You are kind of in the belly of the political beast. One month ago, facebook was in the middle of something that had flared up in which people had asserted that the trending topics at facebook had been either manipulated or had done something to suppress conservative views. I do not want to get into the weeds, but c